Business

New E-Levy rate implementation begins tomorrow

The implementation of the revised Electronic Transfer Levy (E-Levy) rate of 1 percent by mobile service providers will begin tomorrow January 11, 2023.

The service providers who will be implementing the directive are Airtel Mobile Commerce (Ghana) Limited, GCB G-Money, Mobile Money Limited, Vodafone Mobile Financial Services Limited and Zeepay Ghana Limited.

A release issued by the Ghana Chamber of Telecommunications today (January 10) assured the general public that its members are working assiduously with the GRA and other key institutions, to ensure a seamless implementation of the revised levy from Wednesday, January 11, 2023.

It said: “as captured in the Electronic Transfer Levy (Amendment) Act, 2022, Act 1089 which has been passed by parliament and assented to by the President, the levy on electronic transfers has been reduced from 1.5 percent to 1 percent, while the GH₵100 threshold remains unchanged.”

Source Graphic News

Ray Charles Marfo

Digital Marketing and Brands Expert

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