
Audio By Carbonatix
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
-
Sammy Crabbe urges NPP unity as Chairman Wontumi faces 20-year jail term
6 minutes -
Asante Kotoko set title target for Tinkler ahead of new GPL season
9 minutes -
Godfred Dame argues Hanan Abdul-Wahab’s Buffer Stock charge sheet is defective, seeks dismissal
12 minutes -
Ghana’s fiscal space remains limited despite economic gains – IERPP
18 minutes -
WAFCON 2026: Winner to receive record $2 million prize money
22 minutes -
OpenAI says its AI went rogue and launched ‘unprecedented’ cyber-attack
26 minutes -
Most bus fares in England to be capped at £2 from January
28 minutes -
Jeffrey Epstein-linked modelling scout Daniel Siad found dead in France
31 minutes -
NDC branch organiser granted GH¢200,000 bail over alleged false claims about Bawumia
44 minutes -
NPA CEO monitors 24-hour economy pilot at Tema petroleum depots
55 minutes -
WAFCON 2026: Cameroon target redemption as Indomitable Lionesses chase continental glory
57 minutes -
NSS investigating GH¢60 allowance deductions as refund decision awaits probe outcome
59 minutes -
BoG warns of arrest, imprisonment and fines for rejecting cedi and pesewa coins
1 hour -
Wontumi brought to Accra High Court for Tano Nimiri case while serving 20-year sentence
1 hour -
UCL 2026/27: Terry Yegbe scores in first leg qualifier as Lech Poznan beat AGF
1 hour