Recent rumors on social media that Ghana's betting tax has been repealed are untrue. This deceptive remark comes after John Mahama was declared President-Elect, despite the fact that he has yet to be inaugurated into office.

The Ghana Revenue Authority (GRA) began withholding 10% of all gambling platform wins in August 2023, following the adoption of the Income Tax (Amendment) Act, 2023 (Act 1094). The levy was implemented as part of a package of measures aimed at increasing gaming sector revenue.

While both leading presidential candidates, John Mahama and Dr. Mahamudu Bawumia, promised to abolish the betting tax throughout their campaigns, this pledge has yet to be accomplished. According to Article 174 of the 1992 Constitution, taxes can only be levied, altered, or repealed by an Act of Parliament. No notification has been made to Parliament regarding the abolition of the betting tax.

The Ghana Revenue Authority has likewise not published a statement announcing the removal of the tax. Thus, statements that President-Elect Mahama has eliminated the betting tax are false and deceptive.

Ghanaians are reminded to rely on verifiable information from trustworthy sources to avoid falling victim to fake news. The public is also reminded that policy changes, such as tax cuts, must go through legal channels and be approved by parliament.