The end of the era of the Electronic Transaction Levy, commonly called E-Levy, kicked in fully on Thursday as the Ghana Revenue Authority (GRA) sanctioned its reversal upon the President’s assent of the Bill that abolished the levy.
The Ghana Revenue Authority (GRA) has since reaffirmed that the E-Levy has been officially abolished as of April 2, 2025, and that any deductions made beyond that date would be fully refunded to affected individuals.
It emphasised that from 00:00 hours on April 2, 2025, no one should be charged the levy, as it had been completely removed from the country’s tax laws.
“We do recognise that there are practical implications in removing the system. However, any person who suffered E-Levy deduction from April 2 onwards will have their money refunded in line with the President’s directive and the law,” the Commissioner General of the GRA, Anthony Kwasi Sarpong, said yesterday on the sidelines of a two-day GRA management retreat in Akosombo.
Two of the charging entities have since informed their customers of the cesation of the E-Levy charge.
A message from AT Money to customers said E-Levy had been scrapped from April 2, 2025.
“Accordingly, all E-Levy charged from April 2, 2025 onwards will be refunded within 72 hours,” the message said.
For its part, MTN Mobile Money said the one per cent E-Levy had been abolished and no longer applies to “your momo transactions”.
Refund
Mr Sarpong said the GRA had engaged charging entities such as banks and mobile money operators ahead of the levy’s removal to ensure a smooth transition.
He, however, admitted that some systems were still in the process of being updated.
“We had agreed with them that by the morning of April 3, all charging systems should be taken off, but if for any reason someone has suffered the levy within this period, we will reconcile with the charging entities and ensure all affected customers are duly refunded,” he said.
Notice
A notice to all charging entities from the GRA late last Wednesday said the GRA Electronic Transfer Levy Management and Assurance System would automatically return a “no charge” on all transactions posted to it by entities from midnight.
Source: Richard Nana Appiah Kubi/Ahotoronline.com
