Some football fans on social media have expressed their profound gratitude to President John Dramani Mahama following the removal of the betting tax upon parliamentary approval.
Minister of Finance, Dr. Cassiel Ato Forson, announced that the government will remove the betting tax to ensure individuals receive their full winnings.
“We will abolish the 10% withholding tax on betting,” Dr. Ato Forson said during the budget reading in Parliament on March 11, 2025.
The announcement made during the 2025 budget presentation implies that the 10% VAT on bet winnings will no longer be in effect after parliamentary approval.
In response, many football fans praised the National Democratic Congress (NDC) for honoring their campaign promise to scrap the betting tax, alleviating the plight of individuals involved in betting.
Others criticized the previous New Patriotic Party (NPP) government, led by former President Nana Addo Dankwa Akufo-Addo, for introducing a tax that financially burdened bettors despite economic challenges.
Dr. Forson presented the 2025 Budget and Economic Policy on behalf of President John Dramani Mahama, in accordance with Article 179 of the 1992 Constitution and Section 21 of the Public Financial Management Act, 2016 (Act 921).
Read some of the reactions below:
Meanwhile watch as Ghanaians debate the appointment of Jordan Ayew as Black Stars captain below
SB/EK
