<\/p>\n
Business News of Saturday, 2 December 2017<\/p>\n
Source: <\/strong>citibusinessnews.com<\/p>\n2017-12-02<\/p>\n\nplay video<\/span>Director-General of the NLA, Kofi Osei-Ameyaw<\/span><\/span><\/p>\n\n\n\t\t <a href=\"\/\/ghanaweb-d.openx.net\/w\/1.0\/rc?cs=b2ad7fa7fd&cb=151125817929577\"><\/p>\n<p>\t\t <img decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2017\/12\/1512247900_525_ai\" border=\"0\" alt=\"\" \/><\/a><\/iframe><\/noscript><\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"clear:right\">The Director-General of the National Lottery Authority (NLA), Osei-Ameyaw is optimistic the decision by government to grant tax waivers for lottery winners will attract more people to participate in the authority\u2019s gaming activities.<\/p>\n<p>The Finance Minister, Ken Ofori-Atta during the 2018 budget presentation announced that government has scrapped the 7.5 percent tax on the money of lottery winners, subject to parliamentary approval.<\/p>\n<p>Speaking to journalists after meeting Lotto Marketing Companies, Mr. Osei Ameyaw pointed out that the move will also improve revenue generated by the authority.<\/p>\n<p>He explained that government was losing revenue since the tax deterred the operators, forcing some them into banker to banker.<\/p>\n<p>\u201cThose who were afraid of paying taxes on their wins headed towards the illegal lottery business where they do not pay any withholding tax on the wins. But they are now free to come and stake with the government, which means we have opened the system to all those who were doing business undercover or \u2018under the table\u2019 to come out openly and do business with government and NLA,\u201d he said.<br \/> <br \/>\nHe pointed out that the tax was a disincentive to the NLA as its fortunes dwindled over the years.<\/p>\n<p>\u201cThe number of lottery stakers for NLA has dwindled because they don\u2019t want to pay any taxes so by removing them, it is going to bring more people and don\u2019t forget that when they don\u2019t win all the revenue comes to government,\u201d he said.<\/p>\n<p>Mr. Ameyaw stated that government did a careful examination of the situation and realized Ghana will make more revenue from the decision.<\/p>\n<p>\u201cWhat we need to measure is the amount of revenue that we will collect when they don\u2019t win compared to money that is going to illegal operations which doesn\u2019t come to government.\u201d<\/p>\n<p><iframe loading=\"lazy\" width=\"600\" height=\"350\" src=\"https:\/\/www.youtube.com\/embed\/lz1jjpV09Iw\" frameborder=\"0\" gesture=\"media\" allow=\"encrypted-media\" allowfullscreen=\"\"><\/iframe><\/p>\n<p><!-- uploaded by: 3 updated by: 3 --><\/p>\n<p><!-- Start of html generated by this->footer() -->\n<\/div>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business News of Saturday, 2 December 2017 Source: citibusinessnews.com 2017-12-02 play videoDirector-General of the NLA, Kofi Osei-Ameyaw The Director-General of the National Lottery Authority (NLA), Osei-Ameyaw is optimistic the decision by government to grant tax waivers for lottery winners will attract more people to participate in the authority\u2019s gaming activities. The Finance Minister, Ken Ofori-Atta […]<\/p>\n","protected":false},"author":0,"featured_media":442623,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-443137","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Removing taxes on lotto wins to increase revenue - NLA Boss - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2017\/12\/02\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Removing taxes on lotto wins to increase revenue - NLA Boss - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Business News of Saturday, 2 December 2017 Source: citibusinessnews.com 2017-12-02 play videoDirector-General of the NLA, Kofi Osei-Ameyaw The Director-General of the National Lottery Authority (NLA), Osei-Ameyaw is optimistic the decision by government to grant tax waivers for lottery winners will attract more people to participate in the authority\u2019s gaming activities. The Finance Minister, Ken Ofori-Atta […]\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Removing taxes on lotto wins to increase revenue – NLA Boss\",\"datePublished\":\"2017-12-02T20:51:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/\"},\"wordCount\":327,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"articleSection\":[\"Local News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/\",\"name\":\"Removing taxes on lotto wins to increase revenue - NLA Boss - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2017-12-02T20:51:40+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/#website\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Removing taxes on lotto wins to increase revenue - NLA Boss - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2017\/12\/02\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\/","twitter_card":"summary_large_image","twitter_title":"Removing taxes on lotto wins to increase revenue - NLA Boss - Ghanamma.com","twitter_description":"Business News of Saturday, 2 December 2017 Source: citibusinessnews.com 2017-12-02 play videoDirector-General of the NLA, Kofi Osei-Ameyaw The Director-General of the National Lottery Authority (NLA), Osei-Ameyaw is optimistic the decision by government to grant tax waivers for lottery winners will attract more people to participate in the authority\u2019s gaming activities. 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2017-12-02<\/p>\n
play video<\/span>Director-General of the NLA, Kofi Osei-Ameyaw<\/span><\/span><\/p>\n\n\n\t\t <a href=\"\/\/ghanaweb-d.openx.net\/w\/1.0\/rc?cs=b2ad7fa7fd&cb=151125817929577\"><\/p>\n<p>\t\t <img decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2017\/12\/1512247900_525_ai\" border=\"0\" alt=\"\" \/><\/a><\/iframe><\/noscript><\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"clear:right\">The Director-General of the National Lottery Authority (NLA), Osei-Ameyaw is optimistic the decision by government to grant tax waivers for lottery winners will attract more people to participate in the authority\u2019s gaming activities.<\/p>\n<p>The Finance Minister, Ken Ofori-Atta during the 2018 budget presentation announced that government has scrapped the 7.5 percent tax on the money of lottery winners, subject to parliamentary approval.<\/p>\n<p>Speaking to journalists after meeting Lotto Marketing Companies, Mr. Osei Ameyaw pointed out that the move will also improve revenue generated by the authority.<\/p>\n<p>He explained that government was losing revenue since the tax deterred the operators, forcing some them into banker to banker.<\/p>\n<p>\u201cThose who were afraid of paying taxes on their wins headed towards the illegal lottery business where they do not pay any withholding tax on the wins. But they are now free to come and stake with the government, which means we have opened the system to all those who were doing business undercover or \u2018under the table\u2019 to come out openly and do business with government and NLA,\u201d he said.<br \/> <br \/>\nHe pointed out that the tax was a disincentive to the NLA as its fortunes dwindled over the years.<\/p>\n<p>\u201cThe number of lottery stakers for NLA has dwindled because they don\u2019t want to pay any taxes so by removing them, it is going to bring more people and don\u2019t forget that when they don\u2019t win all the revenue comes to government,\u201d he said.<\/p>\n<p>Mr. Ameyaw stated that government did a careful examination of the situation and realized Ghana will make more revenue from the decision.<\/p>\n<p>\u201cWhat we need to measure is the amount of revenue that we will collect when they don\u2019t win compared to money that is going to illegal operations which doesn\u2019t come to government.\u201d<\/p>\n<p><iframe loading=\"lazy\" width=\"600\" height=\"350\" src=\"https:\/\/www.youtube.com\/embed\/lz1jjpV09Iw\" frameborder=\"0\" gesture=\"media\" allow=\"encrypted-media\" allowfullscreen=\"\"><\/iframe><\/p>\n<p><!-- uploaded by: 3 updated by: 3 --><\/p>\n<p><!-- Start of html generated by this->footer() -->\n<\/div>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business News of Saturday, 2 December 2017 Source: citibusinessnews.com 2017-12-02 play videoDirector-General of the NLA, Kofi Osei-Ameyaw The Director-General of the National Lottery Authority (NLA), Osei-Ameyaw is optimistic the decision by government to grant tax waivers for lottery winners will attract more people to participate in the authority\u2019s gaming activities. The Finance Minister, Ken Ofori-Atta […]<\/p>\n","protected":false},"author":0,"featured_media":442623,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-443137","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Removing taxes on lotto wins to increase revenue - NLA Boss - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2017\/12\/02\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Removing taxes on lotto wins to increase revenue - NLA Boss - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Business News of Saturday, 2 December 2017 Source: citibusinessnews.com 2017-12-02 play videoDirector-General of the NLA, Kofi Osei-Ameyaw The Director-General of the National Lottery Authority (NLA), Osei-Ameyaw is optimistic the decision by government to grant tax waivers for lottery winners will attract more people to participate in the authority\u2019s gaming activities. The Finance Minister, Ken Ofori-Atta […]\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Removing taxes on lotto wins to increase revenue – NLA Boss\",\"datePublished\":\"2017-12-02T20:51:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/\"},\"wordCount\":327,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"articleSection\":[\"Local News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/\",\"name\":\"Removing taxes on lotto wins to increase revenue - NLA Boss - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2017-12-02T20:51:40+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/#website\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Removing taxes on lotto wins to increase revenue - NLA Boss - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2017\/12\/02\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\/","twitter_card":"summary_large_image","twitter_title":"Removing taxes on lotto wins to increase revenue - NLA Boss - Ghanamma.com","twitter_description":"Business News of Saturday, 2 December 2017 Source: citibusinessnews.com 2017-12-02 play videoDirector-General of the NLA, Kofi Osei-Ameyaw The Director-General of the National Lottery Authority (NLA), Osei-Ameyaw is optimistic the decision by government to grant tax waivers for lottery winners will attract more people to participate in the authority\u2019s gaming activities. The Finance Minister, Ken Ofori-Atta […]","twitter_creator":"@ghanamma","twitter_site":"@ghanamma","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2017\/12\/02\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2017\/12\/02\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\/"},"author":{"name":"","@id":""},"headline":"Removing taxes on lotto wins to increase revenue – NLA Boss","datePublished":"2017-12-02T20:51:40+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2017\/12\/02\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\/"},"wordCount":327,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2017\/12\/02\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\/#primaryimage"},"thumbnailUrl":"","articleSection":["Local News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2017\/12\/02\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2017\/12\/02\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\/","url":"https:\/\/www.ghanamma.com\/2017\/12\/02\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\/","name":"Removing taxes on lotto wins to increase revenue - NLA Boss - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2017\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2017\/12\/02\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2017\/12\/02\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\/#primaryimage"},"thumbnailUrl":"","datePublished":"2017-12-02T20:51:40+00:00","author":{"@id":""},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2017\/12\/02\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2017\/12\/02\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\/#primaryimage","url":"","contentUrl":""},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2017\/#website","url":"https:\/\/www.ghanamma.com\/2017\/","name":"Ghanamma.com","description":"News In Ghana - Latest Ghana News Headlines","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2017\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2017\/wp-json\/wp\/v2\/posts\/443137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2017\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2017\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2017\/wp-json\/wp\/v2\/comments?post=443137"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2017\/wp-json\/wp\/v2\/posts\/443137\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2017\/wp-json\/wp\/v2\/media?parent=443137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2017\/wp-json\/wp\/v2\/categories?post=443137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2017\/wp-json\/wp\/v2\/tags?post=443137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\t\t <a href=\"\/\/ghanaweb-d.openx.net\/w\/1.0\/rc?cs=b2ad7fa7fd&cb=151125817929577\"><\/p>\n<p>\t\t <img decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2017\/12\/1512247900_525_ai\" border=\"0\" alt=\"\" \/><\/a><\/iframe><\/noscript><\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"clear:right\">The Director-General of the National Lottery Authority (NLA), Osei-Ameyaw is optimistic the decision by government to grant tax waivers for lottery winners will attract more people to participate in the authority\u2019s gaming activities.<\/p>\n<p>The Finance Minister, Ken Ofori-Atta during the 2018 budget presentation announced that government has scrapped the 7.5 percent tax on the money of lottery winners, subject to parliamentary approval.<\/p>\n<p>Speaking to journalists after meeting Lotto Marketing Companies, Mr. Osei Ameyaw pointed out that the move will also improve revenue generated by the authority.<\/p>\n<p>He explained that government was losing revenue since the tax deterred the operators, forcing some them into banker to banker.<\/p>\n<p>\u201cThose who were afraid of paying taxes on their wins headed towards the illegal lottery business where they do not pay any withholding tax on the wins. But they are now free to come and stake with the government, which means we have opened the system to all those who were doing business undercover or \u2018under the table\u2019 to come out openly and do business with government and NLA,\u201d he said.<br \/> <br \/>\nHe pointed out that the tax was a disincentive to the NLA as its fortunes dwindled over the years.<\/p>\n<p>\u201cThe number of lottery stakers for NLA has dwindled because they don\u2019t want to pay any taxes so by removing them, it is going to bring more people and don\u2019t forget that when they don\u2019t win all the revenue comes to government,\u201d he said.<\/p>\n<p>Mr. Ameyaw stated that government did a careful examination of the situation and realized Ghana will make more revenue from the decision.<\/p>\n<p>\u201cWhat we need to measure is the amount of revenue that we will collect when they don\u2019t win compared to money that is going to illegal operations which doesn\u2019t come to government.\u201d<\/p>\n<p><iframe loading=\"lazy\" width=\"600\" height=\"350\" src=\"https:\/\/www.youtube.com\/embed\/lz1jjpV09Iw\" frameborder=\"0\" gesture=\"media\" allow=\"encrypted-media\" allowfullscreen=\"\"><\/iframe><\/p>\n<p><!-- uploaded by: 3 updated by: 3 --><\/p>\n<p><!-- Start of html generated by this->footer() -->\n<\/div>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business News of Saturday, 2 December 2017 Source: citibusinessnews.com 2017-12-02 play videoDirector-General of the NLA, Kofi Osei-Ameyaw The Director-General of the National Lottery Authority (NLA), Osei-Ameyaw is optimistic the decision by government to grant tax waivers for lottery winners will attract more people to participate in the authority\u2019s gaming activities. The Finance Minister, Ken Ofori-Atta […]<\/p>\n","protected":false},"author":0,"featured_media":442623,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-443137","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Removing taxes on lotto wins to increase revenue - NLA Boss - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2017\/12\/02\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Removing taxes on lotto wins to increase revenue - NLA Boss - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Business News of Saturday, 2 December 2017 Source: citibusinessnews.com 2017-12-02 play videoDirector-General of the NLA, Kofi Osei-Ameyaw The Director-General of the National Lottery Authority (NLA), Osei-Ameyaw is optimistic the decision by government to grant tax waivers for lottery winners will attract more people to participate in the authority\u2019s gaming activities. The Finance Minister, Ken Ofori-Atta […]\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Removing taxes on lotto wins to increase revenue – NLA Boss\",\"datePublished\":\"2017-12-02T20:51:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/\"},\"wordCount\":327,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"articleSection\":[\"Local News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/\",\"name\":\"Removing taxes on lotto wins to increase revenue - NLA Boss - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2017-12-02T20:51:40+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/12\\\/02\\\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\\\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/#website\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Removing taxes on lotto wins to increase revenue - NLA Boss - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2017\/12\/02\/removing-taxes-on-lotto-wins-to-increase-revenue-nla-boss\/","twitter_card":"summary_large_image","twitter_title":"Removing taxes on lotto wins to increase revenue - NLA Boss - Ghanamma.com","twitter_description":"Business News of Saturday, 2 December 2017 Source: citibusinessnews.com 2017-12-02 play videoDirector-General of the NLA, Kofi Osei-Ameyaw The Director-General of the National Lottery Authority (NLA), Osei-Ameyaw is optimistic the decision by government to grant tax waivers for lottery winners will attract more people to participate in the authority\u2019s gaming activities. 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