The Ghana Revenue Authority (GRA) has announced that the 1% Electronic Transfer Levy (E-Levy) has been abolished, effective April 2, 2025. This move follows the President’s assent to the Electronic Transfer Levy Act, 2022 (Act 1075) and the Electronic Transfer Levy (Amendment) Act, 2022 (Act 1089) bill.
As a result, all charging entities have been directed to cease applying the 1% E-Levy from midnight on all their channels. The GRA’s Electronic Transfer Levy Management and Assurance System (ELMAS) will automatically return a “no charge” on all transactions posted to it by entities from midnight.
Charging entities are required to process refunds for any E-Levy amounts deducted from customers effective April 2, 2025. They must also establish an expedited refund process to handle such cases promptly and maintain proper documentation of all refunds processed.
The GRA has instructed charging entities to file and pay all outstanding E-Levy charged and collected on all transactions that occurred before April 2, 2025.
Ruth Abla ADJORLOLO
