<\/p>\n
Rev. Dr Ammishaddai Owusu-Amoah \u2013 GRA Boss<\/strong><\/p>\n The Ghana Revenue Authority (GRA) has expressed its readiness for the implementation of the Electronic Transaction Levy also known as E-levy.<\/p>\n According to the Authority, it has put in place all the necessary requirements for the successful implementation of the bill.<\/p>\n GRA said they are waiting for Parliament to pass the bill into law so they can take off with the implementation.<\/p>\n In a letter to ARB Apex Bank, signed by the Commissioner-General of GRA, Rev. Dr Ammishaddai Owusu-Amoah, and sighted by the media, says it is currently developing a monitoring platform and will deploy it as soon as the bill becomes law.<\/p>\n According to GRA, it would be inviting officials of the financial institution to collaborate with its technical team.<\/p>\n GRA therefore urged ARB Apex Bank to hold itself in readiness as it awaits the passage of the Bill into Law.<\/p>\n It explained that the implementation of the monitoring platform will be in three (3) phases.<\/p>\n \u201cAs you may be aware, the Electronic Transfer Levy Bill is under consideration by Parliament. While we await the passage of the Bill into Law, I wish to inform you to hold yourself in readiness for the implementation of the levy in three (3) phases as soon as the Bill is passed into law.\u201d<\/p>\n The government is seeking to introduce a 1.75% levy on mobile money and other financial transactions in the country.<\/p>\n Government has promised to review it from 1.75% to 1.5% but the Minority Caucus in Parliament says it is still against the levy.<\/p>\n According to minority, the new tax is retrogressive and not in the best interest of the country.<\/p>\n By Vincent Kubi<\/strong><\/p>\n \n\t<\/div>\n","protected":false},"excerpt":{"rendered":" Rev. Dr Ammishaddai Owusu-Amoah \u2013 GRA Boss The Ghana Revenue Authority (GRA) has expressed its readiness for the implementation of the Electronic Transaction Levy also known as E-levy. According to the Authority, it has put in place all the necessary requirements for the successful implementation of the bill. GRA said they are waiting for Parliament […]<\/p>\n","protected":false},"author":1,"featured_media":976653,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[2099,4241,718],"class_list":["post-976652","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-elevy","tag-implementationgra","tag-ready"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/976652","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=976652"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/976652\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=976652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=976652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=976652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}