Academy›🧾 Pay your taxes the right way

MoMo, receipts and tax records

What changed for mobile money, and the records GRA expects you to keep.

⏱ 5 min Lesson 3 of 3
1

E-Levy is gone

The 1% Electronic Transfer Levy was repealed from 2 April 2025. Nobody should charge it now.

2

MoMo is income

Money customers pay by MoMo is sales, the same as cash, and counts towards your turnover.

3

Keep evidence

Keep every sales record, purchase receipt and bank or MoMo statement for your tax return.

4

Tax clearance

Contracts, tenders and some loans ask for a GRA tax clearance certificate — it needs your returns up to date.

1 / 4 ·

📌What you need to know

  • The Electronic Transfer Levy (Repeal) Act, 2025 (Act 1128) ended the E-Levy from 2 April 2025.
  • GRA can compare your MoMo merchant and bank records with your returns, so record every MoMo sale.
  • Keep purchase invoices in your business name — they support your expenses and input VAT.
  • A tax clearance certificate shows you have filed and paid; government and big companies often require one.
In Ghana: the numbersChecked 14 October 2026
E-LevyRepealed from 2 April 2025
MoMo salesTaxable income like cash

⚠️Common mistakes

Leaving MoMo sales out of the books because "the money was in my personal wallet".
Throwing away supplier receipts.
Applying for a tender before your returns are up to date.
💡
Tip. Use a separate MoMo merchant number for the business, so its statement is your sales record.
Do it in DatanaDatana handles this part for you.
See today's sales by payment type →

Quick quiz

Question 1 of 4Should a MoMo transfer still carry the 1% E-Levy today?
Question 2 of 4Customers paid GH¢4,000 by MoMo this month. Is it part of your sales?
Question 3 of 4What do you usually need to bid for a government contract?
Question 4 of 4Why keep purchase receipts in the business name?

Anyone can take the quiz. Sign in or join free to save your score and earn the certificate.

Sources · checked 14 October 2026