E-Levy: Full List of Transactions the E-Levy will Cover


The Electronic Transfer Levy (E-Levy) was passed after the Consideration Stage was completed under a certificate of urgency, the decision was made on March 29, 2022.

The tax is at a lower rate of 1.5 percent, down or lower than the 1.75 percent which was originally stated.

 It is estimated to bring in nearly $6 billion in income for the government of Ghana.

Below is a full list of transactions that the e-levy will cover or be affected and those that will be exempt when the implementation begins.


Full List of Transactions the E-Levy will Cover

– Transfers of mobile money between accounts with the same electronic money issuer (EMI)

– Mobile money transfers from one EMI account to a recipient on a different EMI

– Transfers between bank and mobile money accounts

– Transfers between mobile money and bank accounts

– Bank transfers from one person’s bank account to another person’s bank account using a digital platform or application.

Transactions the E-levy will not cover

– Transfers of GHC100 done by the same person on a daily basis.

– Transfers from one person’s account to another

– Transfers to the Ghana.gov portal for the payment of taxes, fees, and charges

– Cheques are cleared electronically.

– Payments to specific merchants (that is, payments to commercial establishments registered with the GRA for income tax and VAT purposes)

– Transfers between the accounts of the principal, master agent, and agent