GHANA REVENUE AUTHORITY GRA (Our Ref, No,CGIGRAIACE/08122 ‘Your Ref. No AUGUST 12, 2022 THE CHIEF EXECUTIVE OFFICERS ALL CHARGING ENTITIES Dear Sir, ICATION ON VY EXEMPTION We bring you compliments from tne Management of the Ghana Revenue Authority. We are glad to offer to you clarifications on E-Levy exemptions — Bulk Disbursement. Kindly be guided by the table below for transfers relating to: 1. Bulk disbursements i.e., payment made from disbursements accounts to wallets owned by individuals (e.g. salary payments, loans, loans repayments, gaming/gambling proceeds, insurance payments etc.) and their respective E-Levy status: DISBURSEMENTS E-LEVY STATUS Transfers from your Corporate Bank Account to Bank Account of fa eCHare Not Taxable Transfers from your Corporate Bank Account fo Mobile Money 2. | Wallet of Client Taxable 3. | Transfers from your Corporate Wallet to Bank Account of the Client | Taxable 4__ | Transfers from your Corporate Wallet to Mobile Money Wallet of me Taxable REPAYMENTS 7. | Transfers from Client's Corporate Bank Account to your Corporate | not taxable Bank Account ‘Transfers from Client's Corporate Bank Account to your Mobile 2. | Money Wallet eee “Transfers from an individual's Bank Accourt to your Corporate 3. | Bank Account aah 4. | Gansta ndiiduas Bank Account a your Mable Money | rayon Integrity. Fairness. Service.‘Transfers from Client's Corporate Mobile Money Wallet to your 5 | Corporate Bank Account a) z rape Client's Corporate Mobile Money Walls your | arate 7 Trane tn an Individual’s Mobile Money Wallet to your Mobile | 741, a, | Transfers from an Individual’s Mobile Money Wallet fo your Bank |. bye Account. However, if an organisation is registered for merchant services with any of the charging entities (bank or mobile money company), and also registered with the Ghana Revenue Authority for Income Tax or VAT purposes, then that organisation's customers payments/repayments will qualify for exemption from the Levy under the “specified merchant payment” provision in the Electronic Transfer Levy Act, 2022 (Act 1075) This letter supersedes the earlier letter dated August 1, 2022. We apologize for any inconvenience the earlier letter may have caused. Thank you. ‘Yours faithfully, REV. DR. ANMMISHADDAI OWUSU-AMOAH COMMISSIONER-GENERAL cc: THE MINISTER MINISTRY OF FINANCE THE DEPUTY MINISTER MINISTRY OF FINANCE COMMISSIONER, DTRD CHAIRMAN, E-LEVY TECHNICAL COMMITTEE