The Government of Ghana is proposing a 10 percent withholding duty on all winnings from sports betting, lottery and game of chance. This suggests that whenever a punter wins a bet, he's obliged to pay 10 percent of that to the government and only keep the other 90 percent.
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| Staking Also, the laying companies will be tested on all their earnings and will be commanded to pay a 20 percent tax on their proceeds. The news as bear by the Ghana Revenue Authority reads Withholding duty on winnings from betting, lottery, and games of chance. Betting, lottery, and game of chance winnings will now be subject to a 10% withholding duty at the point of payout. formerly, the current government has introduced several numerous taxes being Call, COVID , Increased Value Added Tax, COVID , and NHIL Tax, amongst numerous others. Away from that, the government has taken Ghana to the IMF, espoused in surpluses of GH ¢ 160Bn, and introduced haircuts and Domestic debt exchange programs. numerous believe the multitudinous levies are rather suffocating Ghanaians and stifling growth considering that there are generally no jobs, the minimal pay envelope has not bettered and the levies don't directly affect the lives of the populace.  Source:www.markneswin.blogspot.com |
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