Management of the Ghana Revenue Authority (GRA) has released the certified Electronic Transfer Levy charges on all transfers/Transactions.
According to GRA, the taxable amount on a transaction is above GH¢100.
The Electronic Transfer Levy imposes a 1.5% on transactions as stated by the Act.
Explaining further, the Ghana Revenue Authority said, any transaction on GH¢100 or smaller will not be charged E-levy.
They again said, when you transfer an amount of GH¢150 in a day, the taxable amount will be on GH¢50 only. This means that, your first GH¢100 transfer will not be charged E-levy.
But, subsequent transfers aside the first GH¢100 will be charged E-levy.
Example, if AGBONI transfers GH¢150 to his mother in the morning, he will be charged E-levy amounting to 0.75p only on the GH¢50. If he transfers another GH¢200 to his father in the afternoon, at this time, he will be charged E-levy amounting to GH¢3 on all the GH¢200.
Check below, the certified E-levy charges published by GRA.
|Transfer amount||Taxable amount (Above GHS100)||E-levy charges