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Gaming industry players call for consultation on proposed gaming tax

4 years ago
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Gaming industry players have called for a broader stakeholder engagement with government ahead of plans to tax their business.

According to them, taxing the industry may adversely affect their business.

The move to tax the gaming industry follows government’s concerns that Ghana loses an estimated amount of Ghs 300 million annually in revenue due to leakages in the sector.

The government noted that the influx of online betting and automation of the once totally manual process has changed the nature of revenue source from the industry.

Godwin Azorko Agbavitor, an accountant at Betika said consultation was needed to involve the Gaming Commission, the National Lottery Authority, GRA and the gaming companies.

“They need to gather views from everyone on how it should be implemented or if it shouldn’t be implemented,” Mr Agbavitor stated.

The Ministry of Finance and the Ministry for Interior are now expected to co-supervise the gaming industry.

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The government has also said it will consult with stakeholders to formulate a comprehensive policy to improve revenue mobilization from the industry.

Tags: 1XBETGaming CommissionGhs 300 million annually in revenue
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