Deputy Ranking Member of the Finance Committee and MP for Tano, Dr Gideon Boako, has challenged the Finance Minister’s claim that six taxes have been abolished, insisting that three of them never existed.
Speaking in an interview on Joy FM's Top Story, Dr Boako accused Finance Minister Dr. Cassiel Ato Forson of creating a false impression about tax reliefs.
"The Finance Minister ended the budget creating the impression that he is abolishing six different taxes—Emissions Levy, withholding tax on lotto winnings, VAT on motor vehicle insurance, E-Levy, 1.5% withholding tax on gold exports, and the COVID-19 Levy. I am saying to you on authority, three of those six taxes the Minister mentioned are never in existence," he said.
He explained that there is no Emissions Levy charged on anyone in Ghana, no withholding tax on lotto winnings, and no VAT on motor vehicle insurance.
"Why did the minister say he is going to abolish something that does not exist?" he questioned.
The Tano MP clarified that only three taxes were truly abolished but were replaced with four new ones, contradicting the impression of tax relief.

"The government has abolished three taxes but is introducing four. The Growth and Sustainability Levy is increasing from 1% to 3%, with an extension from 2025 to 2028.
"The Special Import Levy is also being extended. The VAT exemption on life insurance is being removed. If you add the reintroduction of road tolls, then that makes it five new taxes," he explained.
He accused the Finance Minister of misleading Ghanaians, stating, "The minister sought to deceive Ghanaians by saying he is abolishing six taxes when three of them do not even exist."
Latest Stories
-
Finance Minister outlines measures to tackle Ghana’s large payable build-up in 2024
3 minutes -
Vatican Succession: Could an African Pope lead a Global Church?
22 minutes -
Political parties rally nationwide protest over Chief Justice suspension on May 5
45 minutes -
Today’s Front pages: Friday, April 25, 2025
1 hour -
NACOC says recent drug busts reflect enhanced operational effectiveness
3 hours -
Parliament’s Sanitation Committee rejects call to scrap YEA-Zoomlion contract; cites job losses
3 hours -
SuperSport secures FIFA Club World Cup 25 broadcast rights
3 hours -
GES to promote eligible deputy directors on Mahama’s order
3 hours -
Bank of Ghana reports 33% rise in staff-involved fraud in 2024
3 hours -
South Africa’s finance minister says he won’t resign after VAT U-turn
3 hours -
Ntim Fordjour urges equal urgency in prosecuting major drug traffickers
3 hours -
Mpraeso MP urges gov’t to hand over Damang Mine to Ghanaian firm after transition
3 hours -
‘Ghana needs watchdogs, not cheerleaders’ – Bright Simons calls out empty praise politics over IMF endorsements
3 hours -
NACOC seizes 73 suspected cocaine slabs at Swiss Port bound for Netherlands; arrests 4 Ghanaians
3 hours -
‘The IMF can’t be our conscience’ – Bright Simons warns of false security in Fund’s praise
4 hours