Electronic Transfer Levy | E-Levy

ELECTRONIC TRANSFER LEVEY

1. The Electronic Transfer Levy Act, 2022 (Act 1075) and Electronic Transfer Levy (Amendment) Act 2022 (ACT 1089) impose a levy of 1% on electronic transfers.
2. The Levy is charged to the transferor at the time of transfer.
3. The Levy is charged by the entities listed in the First Schedule to the Act.
4. The Ghana Revenue Authority (GRA) is responsible for collecting the Levy and paying the Levy into the Consolidated Fund
5. The Commissioner-General is responsible for the administration of the Levy in accordance with the Revenue Administration Act, 2016 (Act 915)
6. The Commissioner-General may issue Administrative Guidelines as may be required for the efficient and effective implementation of the Act.
7. The Minister may make Regulations for the efficient and effective implementation of the Act.