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Ghana government to impose 10% tax on all lottery and bet wins

The Government of Ghana has recently announced a new tax on lottery and bet wins to help boost the country’s economy. Under the new rules, a 10% tax will be applied to every individual win, with the aim of generating more revenue for the country.

According to the government, the new tax is necessary to help finance various economic projects and initiatives, including infrastructure development, education, and healthcare. By taxing lottery and bet wins, the government hopes to raise significant funds that can be channeled towards these important initiatives.

The tax will apply to all lottery and bet wins, regardless of the amount won. This means that even small wins will be subject to the 10% tax, which will be deducted from the winnings before they are paid out to the winner.

While the new tax may be seen as a burden by some, the government believes that it is necessary to help build a strong and prosperous economy for the future. The government has also assured the public that the new tax will be implemented fairly and transparently, with all revenue generated from the tax being used for the benefit of the country as a whole.

It remains to be seen how the new tax will be received by the public, and whether it will have the desired effect of generating more revenue for the country. However, the government is confident that the tax will help to build a stronger and more prosperous Ghana for generations to come.

This new 10% tax on lottery and bet wins is part of the Government of Ghana’s efforts to generate more revenue for the country and finance various economic projects and initiatives. While the tax may be seen as a burden by some, the government is confident that it will help to build a stronger and more prosperous Ghana for the future.

Asonya Gh

Asonya Gh is an entrepreneur, an entertainment and lifestyle blogger based in the Upper West Region of Ghana. He is also the CEO of OneMuzikGh.Com, a website that covers news and updates about music, events and celebrities in Ghana. He has won several awards for his blogging work. He also has a Twitter account and a Facebook page where he posts his content and interacts with his followers.

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