The Ghana Revenue Authority (GRA), has indicated that the implementation of the 1.5% Electronic Transfer Levy (E-levy) will be done in phases.<\/p>\n
It indicated that the decision to phase the implementation is due to its assessment of the readiness of the charging entities.<\/p>\n
In a letter to all charging entities on Thursday, the GRA said it has observed that some of the charging entities were yet to fully integrate with the E-levy Management System hence its decision.<\/p>\n
\u201cFollowing Ghana Revenue Authority\u2019s assessment of the general readiness of some Charging Entities to integrate with the E-levy Management System, the Commissioner-General has decided on a modified phased-approach for the implementation of the Levy from 1st of May 2022.\u201d<\/p>\n
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The implementation of the E-levy which is due from Sunday May 1, 2022, causing some to be anxious about the additional tax they would have to be dealing with.<\/p>\n
The Member of Parliament for Ningo Prampram, Sam George, recently said he believes the Ghana Revenue Authority (GRA), is not fully prepared to begin the implementation of the E-levy.<\/p>\n
The Deputy Ranking Member on Parliament\u2019s Communications Committee said the GRA is yet to meet the necessary requirements for the implementation of the controversial tax.<\/p>\n
\u201cMy position has been from a technical point, where I say that the GRA is not ready to roll out the E-levy. Normally when you are deploying a project like this, there are three phases; the system development phase, the stage deployment phase and the product deployment. How do you go ahead and run a financial operation where all of these critical analysis have not been done?\u201d the MP asked.<\/p>\n
Mr. George said it is even more worrying that the GRA has not engaged in extensive consultations with key stakeholders on the implementation.<\/p>\n
But the GRA itself has insisted that it is ready to begin collection of the new tax despite a legal action filed at the Supreme Court by the minority in parliament against the passage of the law granting the collection of the tax.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
The Ghana Revenue Authority (GRA), has indicated that the implementation of the 1.5% Electronic Transfer Levy (E-levy) will be done in phases. It indicated that the decision to phase the implementation is due to its assessment of the readiness of the charging entities. In a letter to all charging entities on Thursday, the GRA said […]<\/p>\n","protected":false},"author":1,"featured_media":1071517,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[2099,1427,10966],"class_list":["post-1071515","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-elevy","tag-implemented","tag-phases"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1071515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1071515"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1071515\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1071515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1071515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1071515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}