Home Featured News Sosu and 4 others introduce private member’s bill to repeal Betting tax

Sosu and 4 others introduce private member’s bill to repeal Betting tax

The MPs argued that the tax, implemented by the Ghana Revenue Authority on August 15, 2023, has worsened financial burdens for citizens, particularly in light of the ongoing economic pressures brought about by the Domestic Debt Exchange Programme (DDEP).

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In response to Ghana’s economic challenges, Madina MP Francis-Xavier Sosu and four other MPs have submitted a private member’s bill seeking to repeal the 10% withholding tax on betting and gaming winnings.

In a letter dated November 7 to the Clerk of Parliament, the MPs argued that the tax, implemented by the Ghana Revenue Authority on August 15, 2023, has worsened financial burdens for citizens, particularly in light of the ongoing economic pressures brought about by the Domestic Debt Exchange Programme (DDEP).

Meanwhile, the Speaker of Parliament, Alban Bagbin, has indefinitely adjourned the House after the NPP caucus failed to attend a session they themselves had called, leaving lawmakers without business to deliberate on.

This follows the Business Committee’s inability to meet and set an agenda, effectively stalling proceedings.

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