Finance Minister Dr. Cassiel Ato Forson has submitted eight bills to Parliament aimed at abolishing several “nuisance taxes,” including the Electronic Transaction Levy (E-Levy) and the 10% withholding tax on betting winnings from lottery and the National Health Insurance Levy.
The bills have been referred to the Finance Committee of Parliament for review and will be reported back to the House for further consideration.
The proposed legislation includes the Electronic Transfer Levy (Repeal) Bill, 2025, Ghana Infrastructure Investment Fund (Amendment) Bill, 2025, Revenue Administration (Amendment) Bill, 2025, Special Import Levy (Amendment) Bill, 2025, Emissions Levy (Repeal) Bill, 2025, Income Tax (Amendment) Bill, 2025, Growth and Sustainability Levy (Amendment) Bill, 2025, and Earmarked Funds Capping and Realignment (Amendment) Bill, 2025.
Speaking on the floor of Parliament on Thursday, Dr. Forson explained that the initiative fulfills the Mahama-led government’s commitment to reducing the tax burden on Ghanaians. He emphasized that the proposed tax repeals and amendments align with the National Democratic Congress’ (NDC) manifesto pledge to ease financial pressure on citizens.
This follows the Finance Minister’s announcement during the presentation of the 2025 Budget and Economic Statement on Tuesday, March 11, 2025.
