Ghanaians are reacting to the government’s introduction of a new tax on betting, games of chance, and lottery prizes.
The tax, which would apply to domestic competitors, will be 10% of all winnings. Betting companies operating in the country would also face a 20% tax on their revenue.
The revelation has received varied emotions from Ghanaians, with some welcoming the decision as a means of generating cash for the government and others criticising it as an additional burden on an already financially taxed populace.
I personally think the 10% withholding tax on betting wins is too small. If we want Ghana to get on the same level as the UK and USA we should be willing to sacrifice for the greater good. Next time they should make it 25%. My humble opinion please done insult me I don’t win bet pic.twitter.com/HNdFzrmH2M
— KALYJAY (@gyaigyimii) April 6, 2023
Taxation is crucial for government revenue, but the 10% tax on all bets may harm Ghana’s youth who already face economic challenges. Many young people rely on betting due to the lack of job opportunities, taking 10% from our betting earnings seems unfair.
— GameAnalyst 𓃵 (@GameAnalyst3) April 6, 2023
Mahama go just campaign that he go remove the 10% Tax on Betting and 3noaaa nono😂😂😂
— Twilight (@the_marcoli_boy) April 6, 2023
The thing dier if you complain or not pharaoh give go ahead finish. You go pay the 10% pic.twitter.com/K0hAZPPOa4
— Mempeasem President (@AsieduMends) April 6, 2023
I said I no go vote again, but Any bro wey go promise to cancel the 10% tax on betting, I go vote give am… your so called Momo tax which was to bring jobs failed, now be betting you wan tax💔
— CLINTON 🇬🇭💫 (@LilMoGh) April 6, 2023
You goof bro
Ebe strategy
Dem talk the 10% so say we go complain then give % suggestion so they use that instead https://t.co/2d97PUAmab— Beno SarkCess (@BenopaOnyx1) April 6, 2023
The youth wouldn’t even protest if the 10% was going to be used for something better. They are going to spend all the money on themselves😂
— Nungua Cardi B💕 (@ellyserwaaa) April 6, 2023