“Yes! E Levy Will Be Charged On Airtime Bought With Momo” – Zionfelix Explains Ministry Of Finance Document On E-Levy (Watch)

Popular Ghanaian blogger, Zionfelix, has taken it upon himself to explain to Ghanaians what the E levy will cover once it is passed on as a law.

Electronic Transaction Levy (commonly known as Electronic Levy or E-levy) is a tax applied on transactions made on electronic or digital platforms.

However, in the introduction of Zionfelix's video to explain how E-Levy was going to work in his country, he disclaimed being associated with any government official or political party.

He explained that e-levy is not charged on the first GHC100 sent to you within 24 hours. The 1.7 E-levy tax is deducted when you go above sending GHC100 in a day. He further explained that the Telcos' charge is different from the e-levy charge, i.e., when you are sending GHC1000 and MTN charges you GHC10, the E Levy will also deduct their charges from the money.

Watch Zionfelix's video below to know more about the E-Levy:

Source: DKlassgh.com