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, […]