Starting August 15, 2023, individuals participating in sports betting and other lotteries will be required to pay a 10% withholding tax on their total winnings.
The Ghana Revenue Authority has stated that it has implemented necessary measures to ensure full compliance with the newly amended Tax Act, with a goal of generating GHC 1.2 million from lottery activities.
The Ghana Revenue Authority has stated that it has implemented necessary measures to ensure full compliance with the newly amended Tax Act, with a goal of generating GHC 1.2 million from lottery activities.
Starting August 15, 2023, individuals participating in sports betting and other lotteries will be required to pay a 10% withholding tax on their total winnings.
The Ghana Revenue Authority has stated that it has implemented necessary measures to ensure full compliance with the newly amended Tax Act, with a goal of generating GHC 1.2 million from lottery activities.
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