On March 26, 2025, Parliament approved the Income Tax Amendment Bill, 2025, which eliminates several taxes.
These include the Electronic Transfer Levy (E-Levy), the Betting Tax, taxes on gaming and lotteries, and a 1.5% withholding tax on unprocessed gold.
Additionally, the Emissions Levy has been abolished, awaiting the president's assent.
This development has generated excitements among Ghanaians, with many expressing their opinions on social media about the repeal of these taxes, which were widely considered burdensome for ordinary citizens.
Netizens have expressed their satisfaction with the government's fulfillment of its promise, with some sharing old videos showcasing moments when lawmakers from the previous administration, which introduced these taxes, strongly defended them.
Additionally, these videos highlight the heated exchanges and even physical confrontations that occurred in Parliament over the taxes, particularly the E-Levy.
The cancellation of these taxes were captured in the 2025 Budget presented by the Minister of Finance, Dr Cassiel Ato Forson.
Read posts under the trending topic below:
Frame 1: Sticka after the abolishing of e-levy.
— KOJO DYNAMIC 𓃵 (@AnnanPerry) March 26, 2025
Frame 2: before the passage of e-levy
Frame 3: e-levy cake to annoy Ghanaians.
Thank God that #AbanPapaAba so we won't see such things again. pic.twitter.com/TuqwPu0Etv
Now that the E-Levy has successfully been repealed in parliament thanks to the kind courtesy of NDC and John Mahama.
— BARNES (@IdanBarnes) March 26, 2025
Let’s throwback to when the NPP f00lishly defended this draconian decision on Ghanaians and passed. pic.twitter.com/gI7N6oWm3n
I never dream say NDC go fit cancel E-Levy…….i know they can cancel 10% betting tax but the E-Levy not possible because of the IMF deal by the pre-govt.
— Joe Funds (@JoeUnchained) March 26, 2025
But if what I’m hearing is true and NDC manage cancel all these taxes then i don’t know where NPP go pass win 2028.
Sorry
E levy finally cancelled in parliament
— Beno SarkCess (@BenopaOnyx1) March 26, 2025
Why didn’t we bring NDC long time sef
Parliament repeals E-levy.
— Eunice Ofori (@queen_unis) March 26, 2025
E-levy is a history now
Mahama cancels E-levy
— Waakye Ne Bibiaa 3cedis🇬🇭 (@KwekuMarch) March 26, 2025
Ghanaians to Bawumia: pic.twitter.com/XOQDzSbHB7
Charley I dey calculate how much of my money E-levy chop herhhhh.......like I buy 27 houses by now.....🤦
— Pharm Theophilus Annang (@PhTee3) March 27, 2025
No E-LEVY 😍😍😍😍#ɛyɛzu ❤️💚🤍🖤 pic.twitter.com/kOFWyhJoWc
— PAINNNNN (@AyamOrgly) March 27, 2025
Thank you, Prez @JDMahama, for staying true to ur promises n taking bold step to abolish the E-levy, betting tax and other nuisance taxes. Ur decision to ease burden on hardworking taxpayers is a testament to ur commitment to the welfare of the people#MahamaThePresident pic.twitter.com/W1aeEU66Cn
— Musah Abattoir (@AbattoirMusah) March 27, 2025
MAG/AE
Meanwhile, watch this concluding part of our sit-down with the 100-year-old World War II veteran, who was also present at the 28th February Shooting, below: