President John Mahama has officially assented to new bills repealing the controversial Electronic Transfer Levy (E-Levy), the 10% betting tax, the emissions levy, and other related taxes.
The President signed the bills on Wednesday, April 2, 2025, marking the official end to the collection of these taxes. This follows the unanimous passage of the bills by Parliament last month.
This development fulfills President Mahama’s campaign promise to abolish the E-Levy within his first 120 days in office.
Parliament on Wednesday, March 26, passed a bill to abolish the controversial Electronic Transfer Levy (E-Levy).
The repeal of the E-Levy has been widely welcomed by Ghanaians, who strongly opposed the tax.
The levy, which was introduced in 2022 by the previous New Patriotic Party administration, imposed a 1.5% tax on electronic transactions, including mobile money transfers, bank transfers, and online payments.
Since its introduction, there have been protests and public outcry, with critics arguing that it disproportionately affected low-income earners and the unbanked population.