The majority of Ghanaians are elated and relieved as the controversial Electronic Transfer Levy (E-Levy) has been scrapped.
The excitement is evident, with many social media users celebrating the fact that, effective today, April 3, 2025, their mobile money transactions no longer attract any taxes.
Betting “investors” are equally overjoyed, as the 10% withholding tax on their winnings has also been repealed.
On April 2, 2025, President John Mahama signed eight tax laws into effect, including the repeal of both the E-Levy and the betting tax.
Following the presidential assent, the Ghana Revenue Authority (GRA) directed telecommunications companies to halt the charging of the levy on transactions.
Users who made transfers in the early hours of April 3, 2025, confirmed that their transactions only incurred standard telco charges, with no E-Levy deductions.
Many Ghanaians have applauded the president for fulfilling his campaign promise and eliminating the tax.
A user on X wrote: “I voted well.
See some of the reactions below
Elevy officially gone
Used to pray for times like this
I vote stupid 😭🔥🔥🔥🔥 pic.twitter.com/qF7kn3Ce4Y— PILATO BRANDS 📸 👕 (@onepilato9) April 3, 2025
President John Mahama finally assents his signature to scrap off Betting tax & E – Levy 👏👏👏 pic.twitter.com/hRNuNz2yZA
— code micky (@code_micky) April 2, 2025
E-Levy is gone. Thank you Ɔseadeɛyɔ Ɔsabɛrima John Dramani Mahama. pic.twitter.com/izoRhAr8EV
— Rockson Soul🇬🇭 (@RocksonSoul1) April 3, 2025
It is Official. E-levy is Gone. Promise made. Promise Delivered. JM thank you pic.twitter.com/tu8OpVztw1
— Rockson-Nelson Dafeamekpor, Esq. MP. (@etsedafeamekpor) April 2, 2025
E- Levy cancelled! Keep NPP far away from governance 👍🏾 pic.twitter.com/MtZVfWqO2G
— eddie♈️ (@edem_DemsLfc) April 3, 2025
SSD/MA
Watch the latest edition of BizTech below:
Click here to follow the GhanaWeb Business WhatsApp channel