E-levy rate reduced

Parliament approves the reduction of the e-levy rate by 1 per cent. The Finance Minister during the 2023 budget reading earlier indicated that the e-levy rate which was 1.5% would be reduced to 1%.

Parliament approved the amendment to the Electronic Transaction Levy (E-levy) Act on Wednesday, December 21, 2022.

“We in the Minority had indicated strongly that we do not believe that the GH₵100 threshold must be removed because of a number of reasons.

“They have listened and in presenting the e-levy bill clearly they have decided to remove what they had intended to exclude. Mr. Speaker, it is important for us to commend them for at a minimum they have listened,” Ranking Member on Finance Committee, Dr. Cassiel Ato Forson said on the floor of the House.