June 29, 2022

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Over 120,000 individuals reimbursed after wrongful E-levy deductions – GRA

2 min read

After the preliminary demanding situations that disrupted the primary few days of the implementation of the digital switch levy, over 120,000 consumers have up to now been reimbursed for wrongful deductions.

Head of Mission Control Unit on the Ghana Income Authority, Isaac Kobina Amoako, who made this recognized, stated, “the knowledge we had for many who had money back on 1st of Would possibly from one specific charging entity used to be round 120,000 consumers whose monies had been refunded for 1st of Would possibly. I wouldn’t have the statistics for the opposite charging entities and for the opposite days that the reversal has been made. We’ve met Cell Cash Affiliation, and we’ve observed that the transfers have stabilized.”

“Other people are actually gaining self assurance that after they transact with the distributors, money isn’t suffering from the e-levy. Money-out may be now not suffering from e-levy and with the availability for additionally on-line companies the place they’re being secure in order that when you’re buying on-line you don’t need to pay e-levy.”

He spoke to the media at the sidelines of sensitization by way of the Ghana Income Authority for some industry associations in Accra at the E-levy.
After many agitations and protest in opposition to the Digital Switch levy, it after all took impact at the 1st of Would possibly 2022. Nevertheless it wasn’t with out the standard demanding situations that confront the implementation of a coverage, particularly in its preliminary levels.

Some individuals had been overcharged, whilst others had monies deducted from their accounts, even supposing their transactions had been exempted from paying the levy.

Many took to social media to vent their frustration with the placement.

However just about two weeks into the advent of the coverage, a few of these considerations have already been addressed.
The e-levy is a 1.5 p.c tax on decided on digital transactions presented by way of the federal government within the 2020 finances as a part of efforts to lift earnings in the community.