President John Dramani Mahama has signed a set of legislative bills into law that will eliminate several taxes, including the controversial Electronic Transfer Levy (E-Levy), Betting Tax, and Emissions Tax. This decision is in line with the National Democratic Congress’s (NDC) promise to reduce the financial burden on Ghanaians.
The bills, which were presented to Parliament by Finance Minister Dr. Cassiel Ato Forson on March 13, 2025, include the repeal of the E-Levy, Betting Tax, and other fiscal reforms. These changes mark a significant shift in the country’s tax policies.
The E-Levy, introduced in 2022, imposed a 1% charge on mobile money and online transactions, facing backlash for its impact on people’s disposable income. The Betting Tax, a 10% levy on gambling winnings, also drew criticism from the gaming sector.
In his 2024 election campaign, Mahama had promised to abolish these taxes within his first 120 days in office. With the signing of these bills, he has fulfilled that promise, signaling a major policy shift for his administration.
