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Tag Archives: TAX

I’ll increase betting tax when I become president – Kennedy Agyapong

The Member of Parliament for Assin Central and flagbearer hopeful of the New Patriotic Party (NPP), Kennedy Agyapong, has stated his intention to raise the betting tax when he is elected as president to discourage the youth from veering off track. Making an appearance on Accra-based UTV, the flagbearer hopeful highlighted concerns about …

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Muntaka Mubarak breaks ranks with NDC as he declares support for 10% sports betting tax

Mohammed-Muntaka Mubarak, the Member of Parliament of Asawase appears to have broken ranks with the National Democratic Congress over the 10% withholding tax on sports betting. Whiles the party through its young wing has declared their official stance which is a complete rejection of the controversial tax policy, Muntaka Mubarak has welcomed it. According …

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Concerned bettors reject 10% tax on wins

Concerned Betters of Ghana (CBOG) has rejected the implementation of 10% tax on all betting, games and lottery wins announced by the Ghana Revenue Authority (GRA).   The Ghana Revenue Authority (GRA) served a notice that 10% withholding tax on all gross gaming winnings from August 15, 2023.   The …

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‘For the first time in my life, I borrowed money to pay tax to the government’ – Yonny Kulendi

His Lordship Yonny Kulendi of the Supreme Court of Ghana has bemoaned the challenges facing public servants in Ghana. In a recent speech, he highlighted the pressure that comes with being a public servant explaining that people in the community assume holding a big position in government automatically meant one is well-to-do. …

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Akufo-Addo has signed three new tax bills into law – Information Minister

President Nana Addo Dankwa Akufo-Addo has assented into law, the three new tax bills passed by parliament late last month. This was confirmed by information minister Kojo Oppong-Nkrumah in an interview on April 16, 2023 with Accra-based Joy News. He told Emefa Apau on The Probe programme that the president’s lawyer Kow …

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Betting expert criticises new 10% tax on betting

Professional Gamer and betting expert Enoch Hood has shared his view on introducing a 10% tax on betting winnings in the country. Taking to Twitter, Hood said some people may turn to unlicensed or offshore betting sites to avoid paying additional taxes and it can result in an increase in …

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Three tax bills were more important than my life – Nanton MP

Mohammed Hardi Tufeiru, Member of Parliament for Nanton has opened up on how he got involved in a bloody accident last Friday (March 31) on his way to the House for a crucial vote on three taxes. The MP, who doubles as deputy agric minister admitted to Accra-based Citi FM …

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Bawumia launches Electronic Tax Clearance Certificate for GRA

The Vice President of the Republic, H.E Dr. Mahamudu Bawumia on Thursday, March 30, launched the Electronic Tax Clearance Certificate for the Ghana Revenue Authority – Official (GRA). The new platform can be accessed through a QR Code, an online portal, or a USSD. The Electronic Tax Clearance Certificate enables …

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Property owners to start paying property tax

Property owners in the country have been encouraged to start paying property rate with the birth of the Unified Property Rate Platform. According to vice President Dr Mahamudu Bawumia, one of the problems Ghana has faced in the area of revenue generation since independence is that only about nine per …

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Tullow drags Ghana gov’t to int’l arbitration in London over $387m disputed tax

Tullow Oil plc (Tullow) has announced that Tullow Ghana Limited (TGL) has filed requests for arbitration with the International Chamber of Commerce in London in respect of two disputed tax assessments received from the Ghana Revenue Authority (GRA). The assessments relate to the disallowance of loan interest deductions for the …

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