Ghana: Entry into force with grace period of Electronic Transfer Levy (Amendment) Act, 2022 (Act 1089) including reduced levy for digital services

On 29 December 2022, the Electronic Transfer Levy (Amendment) Act, 2022 (Act 1089) enters into force with grace period. The amendment reduces the electronic transfer levy rate to 1% and imposes obligations on charging entities, including filing returns and remitting collected levies to the Ghana Revenue Authority within 24 hours of charging. This regulation applies to digital payment providers and other listed charging entities.