Wednesday, May 25, 2022

E-levy will be delivered in phases

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  • E-levy will be delivered in phases.
  • The Ghana Revenue Authority (GRA) has revealed the new Electronic levy is being delivered in phases.

The 1.5 percent Electronic Transfer Levy, or E-Levy, would be applied in a modified phased approach, according to the Ghana Revenue Authority.

This is based on the findings of a GRA assessment of the general readiness of selected charging entities to connect with the E-Levy Management System.

According to the GRA’s findings, some charging entities have not yet fully integrated with the E-levy Management System.

This was stated in a letter from the Commissioner-General, Rev. Dr. Ammishaddai Owusu-Amoah, to all charged bodies.

On Sunday, May 1, 2022, the E-Levy began to be implemented.

The public is concerned about the additional tax that will be imposed as a result of this.

Sam George, Member of Parliament for Ningo Prampram, is said to have stated that he believes the GRA is not completely prepared to execute the E-levy because, among other things, the Authority has failed to engage in extensive consultations with important stakeholders.

Despite a legal case launched in the Supreme Court by the Minority in Parliament against the enactment of the bill allowing the tax to be collected, the GRA has stated that it is ready to begin collecting the new tax.

Meanwhile, Dr. John Kumah, the Deputy Finance Minister, claims that the government is nearly ready to introduce the E-Levy on May 1, 2022. The government’s preparedness, he claims, is at a 95 percent level. Dr. Kumah stated that the government’s preparations for the Levy’s implementation is 100 percent.

In other news, according to Ken Ashigbey, Chief Executive Officer of the Ghana Chamber of Telecommunications, when you ‘momo’ your tithes, E-levy applies. The Electronic Transfer Levy (e-levy) will influence tithes,

“As it is now, your tithe would be subject to tax if paid using Mobile Money,” he explained. On Monday, May 2, 2022, he made the remark on the Super Morning Show.

This is in contradiction to the government’s earlier claim.

Following a claim made by Sam Nartey George, Member of Parliament for Ningo-Prampram, the government, through Deputy Finance Minister John Kumah, denied that the fee would apply to tithes and offerings……

Read on:

Momo your tithes, E-levy applies – Telecomms Chamber CEO

 

 

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