Parliament approves repeal of betting tax

Ghana’s Parliament has approved the repeal of the Betting Tax, addressing concerns raised by bettors and gaming operators over its impact.

The Betting Tax, introduced as a 10 per cent levy on gross winnings, was intended to regulate gambling and increase government revenue.

However, its implementation faced widespread resistance, with many viewings it as an excessive financial burden.

The repeal followed the passage of the Income Tax (Amendment) Bill, 2025, on Wednesday, March 26, 2025. Finance Minister Dr. Cassiel Ato Forson had announced the decision during the 2025 budget presentation, fulfilling the National Democratic Congress (NDC)’s 2024 campaign promise to eliminate what it called “nuisance taxes.”

The tax, which officially took effect on January 1, 2024, remained unpopular throughout its enforcement. Stakeholders consistently advocated for its removal, citing its negative impact on the gaming industry and individuals.

The bill now awaits presidential assent to take full effect.

By Joyce Kpeglo