I’ve fulfilled my promise to abolish the E-Levy, Betting Tax, and Emissions Levy – President Mahama
President John Dramani Mahama says the repeal of the Electronic Transfer Levy (E-Levy), Betting Tax, and Emissions Levy delivers on his promise to ease the financial burden on Ghanaians and stimulate economic activity.
In a Facebook post on April 3, 2025, he wrote, “Great news for our beloved country, Ghana! I have signed the bills repealing the E-Levy, Betting Tax, and Emissions Levy. This fulfils a key promise we made to ease the burden on Ghanaians and boost economic activity.”
The abolished taxes had faced strong public opposition. The E-Levy, introduced in 2022, placed a 1% charge on electronic transactions, including mobile money transfers and online payments, discouraging digital financial transactions.
The Betting Tax, which imposed a 10% levy on gambling winnings, drew resistance from industry players, while the Emissions Levy was criticised for increasing costs for vehicle owners and businesses.
Beyond these repeals, Mr Mahama has signed amendments to several other tax laws. The Income Tax (Amendment) Bill, 2025, removes withholding taxes on lottery and betting winnings, while the Petroleum Revenue Management (Amendment) Bill, 2025, aims to improve the use of petroleum revenues for infrastructure projects.
Other legislative changes include amendments to the Earmarked Funds Capping and Realignment Act, the Public Financial Management Act, and the Value Added Tax Act. These changes are expected to improve government fiscal management.
The Finance Ministry has stated that the tax reforms will reduce costs for businesses and individuals, encourage investment, and support economic growth.
