E-levy: Gov’t Grabs Over GH¢1m A Day

The Ghana Revenue Authority (GRA) has disclosed that it has made over GHS1million in a day after commencing the implementation of the Electronic Transfer Levy also called E-levy.

According to GRA, the said amount of money was received by one of the charging entities which own more than 70 percent of the population.

The E-levy was started Sunday, May 1, 202w after the bill was passed by Parliament and assented
to by President Nana Addo Dankwa Akufo-Addo.

Speaking on the progress made so far after the implementation of the levy, Head of Project Unit at GRA, Isaac Kwabena Amoako on Monday, May 9, 2022, said that “The letters we sent to the charging entities were that, after every 48 hours, they should send us the Money. So our first Money should have come on Tuesday, but it didn’t come then we went to Wednesday and we saw some making attempts.

“So on Thursday, we went on our internal system [the Tax Application System] and we saw the invoices and we collated the invoices.

“As of the close of Thursday, we had had the invoice of a number of charging entities and one of the charging entities which own more than 70% of the population had in excess of GH₵1million for just one day. So assuming all the others are not paying and this entity alone sends GH₵1million every day for 30 days.

“This means we are getting GH₵30million per month from just one charging entity,”

The GRA further mentioned that it is monitoring conversations on the e-levy implementation on social media and also assessing the claims that are being made.

After the assessment, the genuine claims will be forwarded to the charging entitles for the necessary steps to be taken to correct mistakes.