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Mahama Delivers on Election Promise, Abolishes E-Levy and Betting Tax

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 […]

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Minority Slams Government Over Betting Tax and VAT Claims in 2025 Budget

In response to the 2025 Fiscal Policy, the Minority in Ghana's Parliament has criticized the government's proposed tax reforms. Dr. Amin Adams, the Karaga MP and former finance minister, accused the government of misleading the public by claiming they had abolished the VAT on motor insurance and the betting tax. According to Dr. Adams, the previous administration had never implemented these taxes, making their removal a non-issue.He pointed out that the betting tax, which the government claimed to have abolished, had never been collected in the first place. As for the VAT on motor insurance, Dr. Adams said the government was attempting to trick Ghanaians by reintroducing VAT on non-life insurance while exempting motor insurance, which had always been VAT-exempt.The Minority's criticism stems from a broader concern that these "tax cuts" were nothing more than a smokescreen. Dr. Ato Forson, […]

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