The Ghana Revenue Authority (GRA) has directed all Electronic Transfer Levy (E-Levy) charging entities to immediately reconfigure their systems to reflect the abolition of the levy.
This instruction comes on the back of President John Dramani Mahama’s assent to legislative bills on Wednesday, April 2, 2025, which eliminated the E-Levy, Betting Tax, Emissions Tax, and other levies.
The GRA in a statement informed all stakeholders that the Electronic Transfer Levy Act, 2022 (Act 1075) and the Electronic Transfer Levy (Amendment) Act, 2022 (Act 1089) had been signed into law, abolishing the 1% E-Levy, effective April 2, 2025.
“In accordance with our previous communication regarding implementation guidelines, this letter serves as formal authorization for you to proceed with the deployment of the ‘no charge’ configuration on your platforms,” the GRA stated.
The GRA outlined the following measures for charging entities:
1. The GRA Electronic Transfer Levy Management and Assurance System (ELMAS) will automatically return a “no charge” on all transactions posted to it by entities from midnight.
2. Charging Entities must cease applying the 1% E-Levy from midnight on all their channels.
3. Charging Entities must immediately process refunds for any E-Levy amounts deducted from customers effective today 2nd April 2025. Entities are to establish an expedited refund process to handle such cases promptly and maintain proper documentation of all refunds processed. Reports of such refunds must be submitted to GRA.
4. Charging Entities are to take the necessary steps to file and pay all outstanding E-Levy charged and collected on all transactions that occurred before 2nd April 2025.
5. For effective reconciliation and in accordance with Section 33A of the Revenue Administration Act, 2016 (Act 915) as amended, entities must continue to post all electronic transfer transactions to ELMAS until further directives are provided.
6. All entities must maintain electronic transfer records for at least six (6) years as stipulated in Section 27(3) of the Revenue Administration Act, 2016 (Act 915).
Compliance and Enforcement
The GRA issued a warning, stating that noncompliance with these guidelines is illegal and will result in legal penalties. In order to guarantee complete obedience, the authorities further declared that regular compliance checks will be carried out.
For further clarification or technical assistance, entities are advised to contact the E-Levy Technical Support Team at elevysupport@gra.gov.gh.
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