GRA To Detect Avoidance Of E-levy Payment In Second Phase

The second part of the Electronic Transaction Levy (E-Levy), which is considered to start from July 1 notwithstanding any unanticipated errors, will close all loopholes, identify aversion and fortify public trust in the tax collection, Head of Project Management Unit of the Ghana Revenue Authority (GRA), Isaac Kwabena Amoako, has said.

Mr. Amoako,an individual from the E-Levy Technical Committee, spoke to B&FT at the sidelines of an E-levy workshop with traders in Accra, saying the second period of carrying out the tax collection will include the utilization of GRA’s normal stage known as the E-Levy Management System (EMS) – which all charging substances are supposed to be associated with.

The EMS, as per the GRA, can distinguish in the event that a MoMo client has depleted the GH¢100 combined suitable transfer in a day.

The continuous first-period of the E-levy is being carried out by the charging entities on their own systems.

The entities are the Electronic Money Issuers (EMI), Payment Service Providers (PSP), banks and specific store deposit-taking organizations and different foundations endorsed by the act.

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Mr. Amoako said the July 1 roll out is intended to smooth out and cause citizens to genuinely believe in payment of the tax with information that the levy doesn’t plan to adversely influence organizations, particularly the people who work as merchants on digital stages.


“We want to mitigate all effects and have a safer system for the levy’s collection” he noted.

The levy currently doesn’t influence some exchanges, key among them being total exchanges of GH¢100 each day made by similar individual and transfers between accounts possessed by a similar individual.

Mr. Amoako said that organizations that pay their workers using bank to-wallet channels can get E-levy allowances towards the end of the fiscal year when collating their financials to the GRA.

“This decision by government is to ensure that the levy does not become a foregone expense on companies that pay salaries through mobile money. The charge can be claimed as a deductible expense at the end of the business year,” he added.

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Current exchanges that fall under the E-levy incorporate transfers done on a same mobile money network to someone else, moves from one mobile money network to a beneficiary on another network and moves from an individual’s bank account to someone else’s mobile money account.

Likewise, moves from an individual’s mobile money wallet to someone else’s bank account, bank moves on a digital application which begin from a bank account of a person to someone else, and interbank everyday combined move above GH¢20,000 and moves to escrow accounts on Instant Pay.

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