Ghana on brink of tax relief as Mahama govt scraps ‘nuisance taxes’ – Hopeson Adorye
Ghanaians are beginning to feel relief following the removal of several taxes described as burdensome by the government, Executive Director of Taxpayers League Ghana, Hopeson Yaovi Adorye, has noted. According to him, the effect is already visible. In a statement, he posited that taxes, which were scrapped in the Mahama administration’s 2025 Budget, are the … The post Ghana on brink of tax relief…
Ghana is experiencing tax relief following the removal of several burdensome taxes by the Mahama administration, according to Hopeson Yaovi Adorye, Executive Director of Taxpayers League Ghana. The taxes repealed include the 1% Electronic Transfer Levy (E-Levy), 10% withholding tax on betting and lottery winnings, Emissions Levy on industries and vehicles, VAT on motor vehicle insurance, and the 1.5% withholding tax on unprocessed gold from small-scale miners.
Adorye noted that the removal of these taxes, particularly the E-Levy, has made mobile money transfers cheaper for traders, students, and families, while easing the burden on businesses and motorists. However, Adorye cautioned against allowing tax relief to lead to revenue collapse, urging the government to focus on better taxes, broaden the tax base, close loopholes, digitize revenue collection, and ensure the wealthy pay their fair share.
He also highlighted the need for VAT reform, as the current regime is complex and costly, and the government has started a review to simplify it.
Brief written by urgent.news from Ghanaian Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
