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    Home»Ghana News»Breaking: Parliament scraps betting tax awaiting President Mahama’s signature
    Ghana News

    Breaking: Parliament scraps betting tax awaiting President Mahama’s signature

    ZamZam UpdateBy ZamZam UpdateMarch 26, 2025No Comments3 Mins Read
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    Parliament has authorized the cancellation of the controversial betting tax extensively described as a nuisance tax.

    The choice was taken throughout proceedings on Wednesday, March 26, 2025, consistent with government’s promise to abolish the 10% tax on betting and lottery winnings in Ghana.

    Now, it’s left with President John Dramani Mahama to assent the invoice into regulation for the abolishment to be official and efficient.

    All indications recommend the President would certainly signal the invoice.

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    READ ALSO: Scrapping betting tax will not affect the economy – Dr Ato Forson

    Betting tax cancelled throughout 2025 Funds presentation

    Ghana’s Finance Minister, Dr. Cassiel Ato Forson, presenting the 2025 finances on March 11, 2025, introduced that the controversial betting tax would be cancelled.

    The betting tax was launched by the erstwhile Nana Akufo-Addo authorities in 2023 and in impact the Ghana Income Authority (GRA) started withholding 10% of all playing platform wins in August 2023.

    Forson defined the choice to scrap what has been described as a nuisance tax.

    He acknowledged:

    Mr. Speaker we are going to abolish the ten% withholding tax on betting.

    He harassed the necessity for the betting tax and different taxes to be eliminated, stating that it would enhance the disposal revenue of Ghanaians.

    The removing of those taxes will ease the burden on households and enhance their disposal revenue. As well as, it is going to help enterprise progress and enhance tax compliance.

    Replace on E-Levy removing

    E-levy

    Moreover, Parliament has unanimously handed the Digital Levy Invoice, 2025, an Act to abolish the controversial Digital Switch Levy, popularly often known as the E-Levy.

    Throughout proceedings on Wednesday, March 26, the Chairman of the Finance Committee, Isaac Adongo, introduced the committee’s unanimous determination to repeal the levy.

    MUST READ: Parliament unanimously approves scrapping of controversial E-Levy

    He acknowledged the extreme opposition that met its introduction beneath the earlier administration on account of its influence on the disposable revenue of bizarre Ghanaians.



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