John Dramani Mahama, the flag bearer of the opposition National Democratic Congress (NDC), has encouraged Ghanaian youth to ingrain financial discipline and teach the propensity for bettering their lives with the income they make.
The NDC has promised to scrap the tax on bet rewards if they win the upcoming December election.
Addressing constituents in the Bono East district as part of his campaign tour, John Mahama reaffirmed his party’s obligation to scrap bet taxes if elected as Ghana’s President.
The former President, asked the youth who are effectively associated with betting to make something significant out of the money they win to better their lives.
“We will remove the betting tax. For those who engage in betting, when you win, the government will no longer take a tax from your winnings”.
“If you win, spend your money wisely. Don’t waste it on unnecessary things—use it to improve your life in a meaningful way,” he told party supporters at Nkwabeng in the Nkoranza South constituency Saturday, September 08, 2024.
He said his administrator is as yet keen on abolishing the nuisance electronic transaction levy (E-levy) which has seen criticisms since its introduction.
He was confident taking off that tax will bring some relief to workers in the mobile money industry and boost the sector.
“We will remove the E-Levy, so when you use your mobile money to make purchases, you won’t be charged that tax anymore”
The elimination of the two taxes will provide relief to merchants of mobile money as well as betting businesses, allowing them to access their entire winnings without any deductions.
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy
Privacy Overview
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
