E-LEVY Frequently Asked Questions
The E-Levy is a government tax imposed on electronic transfers and charged at the time of the transfer.
Everyone who uses electronic means of sending money through mobile money or bank accounts.
The E-Levy is 1.0% of all cumulative daily transfers of more than GHS 100. For example, if a person sends GHS 50 for the first time during the day, and then sends another 50 (totaling GHS 100), they will not be charged. However, any amount transferred after that on the same day will be charged with the E-Levy.
To calculate the E-levy charge when sending money with Vodafone Cash please use the E-levy calculator by clicking here.
The e-levy tax is already in effect. Beginning from 1st July 2022, Phase 2 of the E-levy implementation was launched, where GRA directly taxes transactions through their common platform.
Sending money to other Vodafone Cash numbers and other networks is still free, however, the E-Levy charges will apply.
The Government of Ghana through the Ghana Revenue Authority (GRA) in collaboration with Mobile Money Operators, Payment Service Provider (PSP), Banks and special deposit taking institutions
i. Money transfers between wallet holders on the same network (e.g., Vodafone to Vodafone)
ii. Money transfers from one network to a different network (e.g., Vodafone to Network B)
iii. Money transfers from Bank Account to mobile money account (e.g., Bank A to Vodafone Cash)
iv. Money transfers from mobile money to bank accounts (e.g., Vodafone Cash to Bank A)
i. Daily cumulative transfers up to 100 cedis
ii. Money transfers between accounts owned by the same person
iii. Transfers for the payment of taxes and fees on Ghana.gov website
iv. Specified merchant payments
There is no threshold for the E-Levy. The rate is 1.0% for all transactions that qualify/fall under the stated groups
No, you will not pay the E-Levy for withdrawing cash
No, Vodafone will not be absorbing the tax.
All disbursements will be taxed, where the paying entity will be charged the e-levy. (Exemptions are subject to GRA review).
P2P on Vodafone is still free, however the E-Levy tax will be charged where applicable.
Reversals are allowed and the tax will also be reversed. Requests made within 24 hours will be reversed. Requests made after 24 hours will be reviewed and reversed by GRA.
From 1st July 2022 with the Phase 2 of the E-levy, merchants who are duly registered with GRA will be exempt from E-levy. All other merchants will have E-levy applied to customer payments.
If your bank account is linked to your Vodafone Cash account, you will not pay the E-Levy on transactions to the linked account. With Phase 2 from 1st July 2022, where your bank details are same to your mobile money wallet GRA will not tax the E-levy on your transaction.
If this is your first transaction of the day, the charge should be on the GHS 30 excess of GHS 100.
If this is your first transaction of the day, The charge should be on the GHS 20 excess of GHS 100.
All Payment Service Providers (PSPs) are charging entities and are required to apply the tax similar to how Vodafone will apply the tax.
If these billers are in good standing with GRA, and have been vetted and approved, you will not be required to pay the E-Levy. Vodafone fixed broadband bills, and all other Vodafone bills are exempt.
No, the E-Levy does not apply to Airtime or Data purchases.
Another person cannot pay your E-Levy charges as the tax is deducted at the time of the transaction.
We do not have an E-Levy bundle.
Yes, you will still pay the E-Levy as long as you are transferring to another individual’s wallet.The fee will be charged on values transferred when you exceed the GHS 100 threshold.
Yes, you will pay the E-Levy on the transactions that exceed the cumulative GHS 100 per day.
Utility payments made via the Ghana.gov site and GRA approved payment channels will not incur the E-Levy
With Phase 2 of the E-Levy implementation, the GRA common platform will be able to verify accounts owned by the same person using the Ghana Card details/TIN. Where the account is confirmed owned by same person there will be no E-levy charged.
Reversal of the E-Levy charge can be done if the reversal is initiated within 48 hours.
No, your wallet balance will not attract the E-Levy.
No, foreign remittances are excluded from the E-Levy.