The Ghana Revenue Authority has announced its decision to commence the operationalization of the E-levy from May 1 in a modified-phased approach. This follows the results of an assessment carried out by the GRA to test the general readiness of some charging entities to integrate with the E-Levy management system. The new development is a […]
All is set for the Electronic Transactions Levy (E-Levy) to take off on Sunday, as scheduled. The Ghana Revenue Authority (GRA) and the three charging entities – banks and specialised deposit-taking institutions (DFIs), electronic money issuers (EMIs) and telecommunications companies (telcos) – have put in place the relevant systems and mechanisms to start collecting 1.5 […]
The government has cut the revenue target from the Electronic Transactions levy (E-Levy) to GH¢4.5 billion in line with developments following the proposal of the levy in November last year. The Commissioner-General of GRA, Reverend Dr Ammisshaddai Owusu-Amoah, told Graphic Online Thursday that the revision followed the reduction in the rate from 1.75 per cent […]
The Ghana Revenue Authority (GRA) has highlighted the entities responsible for deducting the yet-to-be-implemented Electronic Transfer Levy (E-Levy). According to the Authority, as of May 1, fast approaches, and the entities designated to make such deductions are prepping themselves to ensure that the new tax policy is implemented smoothly. A Head of Compliance, Domestic Tax […]
President Nana Addo Dankwa Akufo-Addo yesterday assented the Electronic Transfer Levy Bill (E-Levy) Bill into law just before the start of the Cabinet meeting at the Jubilee House in Accra. By appending his signature to the bill, it has now become law, but the operational date and other activities will be announced by the Minister […]
Parliament today Tuesday March 29, 2022 approved the Electronic Transactions (E-Levy) Bill. This decision was reached after the Consideration Stage was completed by a Majority-sided House following the third reading of the Bill. The opposition National Democratic Congress (NDC) staged a walk out after taking part in the debate of the Bill. The Finance Minister, […]
President Nana Addo Dankwa Akufo-Addo, says the unanimous decision taken by the Supreme Court, in its ruling of Wednesday, March 9, 2022, on the voting rights of Deputy Speakers of Parliament, should put the matter to rest. According to President Akufo-Addo, he was surprised by the furore that was generated on whether or not Deputy Speakers of […]
The vociferous Member of Parliament (MP) for Assin Central, Mr Kennedy Ohene Agyapong has explained why he is “furious” about what he describes as the long absence of the MP for Dome-Kwabenya, Sarah Adwoa Safo from Parliament. Speaking on GTV’s Breakfast Show Monday [Feb21,2022] morning, Mr Agyapong said he was furious because he was at the receiving […]
The Tema High Court has dismissed a habeas corpus application by Oliver Mawuse Barker-Vormawor who has been charged with treason felony and is currently in police custody. He is expected to reappear at the Ashaiman District Court on February 28, 2022. A habeas corpus is a writ issued by a court directing one who holds […]
The Deputy Majority Leader has revealed that the Finance Minister, Ken Ofori-Atta, will withdraw the controversial Electornic Transactions Levy (E-levy) in Parliament and re-introduce same later. Alexander Afenyo-Markin said government will withdraw the controversial levy on Tuesday, February 15. Presenting the business statement for Parliament next week, the Effutu MP said the e-levy will be […]
The government has concluded extensive consultations with key stakeholders on the electronic transactions levy (E-Levy) to help build consensus around the passage of the revenue measure. It has also secured the blessing of telecommunication companies (telcos) on the levy in the spirit of burden sharing, which has caused the firms to agree to shave off […]
Two industry operators have come up with interventions to help reduce the overall impact of the proposed taxes, particularly, the Electronic Levy (ELevy) by the government in the 2022 Budget and likely to be implemented next year, following the approval of the Appropriations Bill by Parliament last Friday. The decision to come up with the […]
