The e-levy has been reduced from 1.5% to 1%, Finance Minister Ken Ofori-Atta has announced in parliament.

Also, the daily transaction threshold has also been reduced to allow many more Ghanaians to use epayment platforms.

The e-levy was introduced in the 2022 budget.

It affected most electronic transactions. 

Its implementation was delayed for 5 months due to strong opposition from the minority caucus.

“Review the E-Levy Act and more specifically, reduce the headline rate from 1.5% to 1% of the transaction value as well as removal of the daily threshold,” Mr Ken Ofori-Atta told parliament on Thursday, 24 November 2022 when he presented the 2023 budget.

The e-levy was initially pegged at 1.75% but later reduced to 1.5% to appease the minority caucus.