The Electronic Transfer Levy (E-Levy), the Betting Tax, and the Emissions Tax are among the controversial levies that President John Dramani Mahama has signed into law.
The action satisfies a major campaign pledge made by the National Democratic Congress (NDC) to alleviate Ghanaians’ financial burden.
The signing comes after Finance Minister Dr. Cassiel Ato Forson presented eight tax-related proposals to Parliament on March 13, 2025.
A number of tax laws, including the Electronic Transfer Levy (Repeal) Bill, 2025, the Emissions Levy (Repeal) Bill, 2025, the Income Tax (Amendment) Bill, 2025, and the Earmarked Funds Capping and Realignment (Amendment) Bill, 2025, were intended to be repealed and amended by the proposed legislation.
First implemented in 2022, the E-Levy levied a one percent fee on electronic transactions, including online payments and mobile money transfers. Its detractors said that it disproportionately impacted companies and common people, making it extremely unpopular with the general public.
Similar to this, stakeholders in the gaming industry opposed the Betting Tax because they saw it as punitive. The Betting Tax levied a 10% tax on gross gambling winnings.
In keeping with his 2024 campaign promise to do away with these taxes within his first 120 days in office, President Mahama has decided to do so. After the bill was ratified, he said, “Today, we have fulfilled the commitment we made to the people of Ghana.”
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