10% withholding tax on lottery & betting wins starts August 15

In an effort to widen the Ghana tax net and rake in more revenue for development, the Ghana Revenue Authority (GRA) would from August 15, 2023 begin the implementation of a 10% withholding tax on all gross gaming winnings. This means that the GRA has abandoned the previous 15% Value Added Tax (VAT) rate on each stake … Continue reading 10% withholding tax on lottery & betting wins starts August 15