The Member of Parliament for Okaikwei Central, Patrick Yaw Boamah, has apologised to the general public after former finance minister Mohammed Amin Adams claimed that the earlier authorities didn’t implement the betting tax.
The NPP MP clarified that the previous finance minister’s feedback have been misunderstood as a result of miscommunication, and the occasion will deal with the matter quickly.
In an interview with Lawson TV, Boamah emphasised that the previous finance minister had not made a mistake, however the subject was brought on by poor communication.
There is a matter, and we are going to go into it by explaining our place. I don’t converse for him, however I consider there was a communication hole, which I hope he’ll deal with in his engagement with the press. I apologise to the youth for the miscommunication.
Now we have betting, casinos, soccer bets, and extra. The ten% withholding tax on gaming, sometimes called the betting tax, exists. Nevertheless, the tax on winnings, which Amin Adams sought to clarify, was by no means carried out.
READ ALSO: ‘We never collected the betting tax’ – Former finance minister
Former Finance Minister’s Feedback
Former Finance Minister Mohammed Amin Adams has firmly denied that the previous administration ever collected a ten% tax on betting.
This assertion adopted the 2025 budget presentation by the present Finance Minister, Dr. Cassiel Ato Forson, on March 11, 2025.
Throughout his funds deal with to Parliament, Dr. Forson introduced the federal government’s plan to abolish the 10% withholding tax on betting, a transfer designed to cut back monetary pressures on residents, notably the youth.
Dr. Forson mentioned that eradicating this tax, together with different levies, would enhance the disposable earnings of Ghanaians, ease the burden on households, and help enterprise development, all whereas enhancing tax compliance.
Nevertheless, in a post-budget interview with the press, former Minister Adams denied that the earlier authorities had ever launched or collected such a tax.
Women and gents, the betting tax they mentioned that that they had abolished, we by no means collected. We by no means carried out the betting tax, so to come back and inform Ghanaians you may have abolished one thing that was by no means carried out is to deceive the folks of Ghana.
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This assertion has sparked appreciable controversy and raised questions in regards to the whereabouts of funds that have been allegedly collected underneath the betting tax scheme.
