• About Us
  • Photo Gallery
  • Privacy Policy
  • Terms Of Use
Monday, November 24, 2025
Republic Online
Advertisement
  • Home
  • News
  • Politics
  • Business
  • Showbiz
  • Sports
  • Foreign
  • Coronavirus
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Showbiz
  • Sports
  • Foreign
  • Coronavirus
  • Opinion
No Result
View All Result
Republic Online
No Result
View All Result
Home Business

GRA will collect E-levy – Ministry of Finance

The Finance Ministry says all the processes for the collection of the proposed Electronic levy (e-levy) on mobile money (MoMo) transactions, inward remittances and ATM withdrawals will be done by the Ghana Revenue Authority (GRA).

Republic Online by Republic Online
December 14, 2021
in Business, General, Lead story, Local News, News, Review, Top Stories
0 0
0
Less than 3million individuals pay tax out of 18million potential taxpayers in Ghana – GRA
Share on FacebookShare on Twitter

The Finance Ministry says all the processes for the collection of the proposed Electronic levy (e-levy) on mobile money (MoMo) transactions, inward remittances and ATM withdrawals will be done by the Ghana Revenue Authority (GRA).

The Ministry, in a statement issued by the Public Relations Unit and copied to the Ghana News Agency, said, “GRA will manage all discussions to ensure full deployment of their current platforms and resources for the collection of the e-levy.”

This follows discussions that government should drop the allocation of GHC241,933,000 for the e-transaction levy services to an alleged private company.

The statement said, “the Ministry of Finance wish to state that these allegations are all untrue.”

Quoting an earlier statement made by the Finance Minister, Mr Ken Ofori-Atta on the subject, it noted that, “we do have an understanding with the Ghana Revenue Authority, which uses up to 3 per cent of the money it raises for ensuring that they can make such collections.”

“The GH241 million is, therefore, a reserve that is intended to be put aside to facilitate GRA’s collection of these resources,” the statement said.

“So, in essence, this really will be to back up GRA in a way to ensure that all the problems that people envisage and the difficulties other countries have had will be mitigated in Ghana, so we should be in readiness to support that,” the statement added.

Source: GNA
Tags: E-LevyFinanceGRAMoMo tax




NEWSLETTER

Welcome Back!

Sign In with Facebook
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Showbiz
  • Sports
  • Foreign
  • Coronavirus
  • Opinion

© 2025 All Rights Reserved myrepubliconline.

Verified by MonsterInsights