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EconomyFeatured

False! Betting tax has not been abolished

Ghana Fact-checking Coalition
December 10, 2024
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Claim: A social media user claimed that the betting tax in Ghana had been removed even though John Mahama has yet to be sworn in.

Source: X Archive Here

Verdict: False

Explanation: The Ghana Revenue Authority started withholding 10% on all wins on gaming platforms from August 2023. The betting tax was introduced following the passage of the Income Tax (Amendment) Act, 2023, Act 1094. Even though the two leading presidential candidates, John Mahama and Dr Mahamudu Bawumia, promised to remove the betting tax, this is yet to be done by Mr Mahama who was declared President-Elect. According to Article 174 of the 1992 Constitution, taxes can be imposed or abolished only through an Act of Parliament. No such communication has been sent to Parliament for the removal of the taxes. Therefore, the claim that Mahama has removed the betting tax is false.

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TAGGED:BawumiaBetting taxMahama
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