These are tips on how to avoid paying E-LEVY in Ghanas while using MoMO and Bank services:

How to avoid paying E-LEVY in Ghana while using MoMo and Bank services

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These are tips on how to avoid paying E-LEVY in Ghanas while using MoMO and Bank services:

  1. Avoid sending money from your bank account to any Momo wallet.
  2. That is going to attract 1.5% E-Levy.
  3. Since withdrawal from your Momo wallet is exempted from E-Levy, anytime you want to send money to someone, tell the person to go to an agent and allow cash out.
  4. Send the person your ID number, and you are through.
  5. If you can’t do any of these, go back to using ATM and Cheque book.
  6. E-Levy is another avenue for Akufo Addo to enrich his family and friends. Don’t be part of this daylight robbery

The E-LEVY is a 1.25% on all electronic transfers. Another way to avoid paying it are outlined below:

  1. To avoid payment of the 1.5% E-Levy taxes, do the following; (This is not illegal means but avenue to protect the poor in the society)
  2. Send/Receive money at agent point
  3. Send money in GHC 100 daily
  4. Avoid bank to other momo transfers
  5. Avoid bank to bank transfers

E-LEVY was implemented in Ghana on May 1 2022.

 

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