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E-levy to be rolled out in phases – GRA

Saturday, April 30, 2022 | views Last Updated 2022-05-01T06:50:20Z

 Ghana Revenue Authority (GRA), has indicated that the implementation of the 1.5% Electronic Transfer Levy (E-levy) will be done in phases.

It indicated that the decision to phase the implementation is due to its assessment of the readiness of the charging entities.

In a letter to all charging entities on Thursday, the GRA said it has observed that some of the charging entities were yet to fully integrate with the E-levy Management System hence its decision.

“Following Ghana Revenue Authority’s assessment of the general readiness of some Charging Entities to integrate with the E-levy Management System, the Commissioner-General has decided on a modified phased-approach for the implementation of the Levy from 1st of May 2022.”

The implementation of the E-levy which is due from Sunday May 1, 2022, causing some to be anxious about the additional tax they would have to be dealing with.

The Member of Parliament for Ningo Prampram, Sam George, recently said he believes the Ghana Revenue Authority (GRA), is not fully prepared to begin the implementation of the E-levy.

Source: modernghana

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