Former Finance Minister Dr Mohammed Amin Adam has clarified that the New Patriotic Party (NPP) administration only implemented taxes on bet winnings and not on lottery winnings. He countered claims that the government erroneously imposed a betting tax that was later abolished. Speaking on Joy News’ PM Express on Monday, March 17, he insisted that his previous […]
Parliament on Thursday received the Income Tax Amendment Bill (Act 896), 2025, which seeks to abolish the 10 per cent withholding tax on betting winnings from lottery. The Bill, laid before the House by Finance Minister, Dr Cassiel Ato Forson, has been referred to the Finance Committee for further consideration and reporting. In a brief […]
The former Director-General of the National Lottery Authority (NLA) and New Patriotic Party (NPP) Member of Parliament for Akuapem North, Sammy Awuku, has expressed his delight over the government’s decision to abolish the betting tax. He described the policy as ineffective and counterproductive, citing its failure to yield positive results in various jurisdictions. In an […]
Member of Parliament for Tano North, Dr Gideon Boako, is cautioning the Mahama government against introducing alternative taxes in disguise following their promise to scrap the electronic levy (e-levy) and betting taxes. Speaking to the media on Monday, 13 January, following the vetting of Finance Minister nominee Dr Cassiel Ato Forson, Dr Boako emphasised the […]
The Finance Minister-designate, Dr Cassiel Ato Forson, has vowed to abolish the betting tax and the E-levy in his first budget when he’s approved. Speaking before the Appointments Committee of Parliament on Monday, January 13, Dr Forson argued that the current betting tax has failed to achieve its intended objectives and should be scrapped. “I […]
