GRA Releases 3 Guidelines for E-Levy Implementation

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The eTax implementation guidelines have been developed in consultation with stakeholders – Ministry of Finance, Bank of Ghana, Ghana.gov, Ghana Telecommunications Chamber and GRA.

The GRA also says the guidelines were developed after consulting and considering concerns raised by various stakeholders such as charging entities, service providers, industry associations and regulators.

The three proposed implementation phases are:

  • Implementation of e-debit by wallet/account within the same billing entity

In this phase, Billing Entities are required to charge the Direct Debit and implement Daily Threshold and Exemption Verification for Wallets/Accounts within their networks and pay all Charged Direct Debits to a bank account designated through the Ghana.Gov platform.

The first phase should be implemented as soon as the bill is passed.

  • Implementation of an e-direct debit per person within the same pricing entity

Phase two is where billing entities will need to start applying the Ghanacard to identify individuals in addition to phase one requirements.

This should start from April 1, 2022 for electronic money issues (telcos) and from July 1, 2022 for banks, payment service providers and specialized depository institutions.

  • Implementation of an electronic fee per person in all billing entities

The third and final phase is also scheduled for April 1, 2022 and that is when the common government platform will implement individual identity verification, daily threshold verification and exemptions on the networks of the different charging entities.

As part of phase three, billing entities will also be required to integrate with GRA systems for real-time monitoring, valuation, revenue assurance, and fee collection and reimbursement.

Again, billing agencies will be required to transfer all levies collected to a designated bank account, but this time through API integration with the Ghana.Gov platform to automatically transfer funds to the designated GRA account .

Techgh24 also noted that based on the timelines given in the guidelines, it looks like e-debit would be implemented later this month, although there is no clear consensus in Parliament on the matter.

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