{"id":38488,"date":"2023-10-06T13:40:03","date_gmt":"2023-10-06T13:40:03","guid":{"rendered":"https:\/\/www.nsemgh.com\/?p=38488"},"modified":"2023-10-06T13:40:06","modified_gmt":"2023-10-06T13:40:06","slug":"gra-generates-gh%c2%a215m-from-betting-tax-targets-gh%c2%a260m-by-end-of-football-season","status":"publish","type":"post","link":"https:\/\/www.nsemgh.com\/2023\/10\/06\/gra-generates-gh%c2%a215m-from-betting-tax-targets-gh%c2%a260m-by-end-of-football-season\/","title":{"rendered":"GRA Generates GH\u00a215m From Betting Tax, Targets GH\u00a260m By End Of Football Season"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Domestic Tax Revenue Division of the Ghana Revenue Authority says it has generated GH\u00a215 million from the recently implemented bet tax within a month.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The tax collector is optimistic that this amount will reach GH\u00a260 million before the football season ends.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Edward Gyambra, the Commissioner in charge of DTRD, expressed confidence that the Authority will surpass its revenue targets by the end of the year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe have two streams of taxes: the gross revenue tax and the withholding tax,\u201d he explained.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cDuring the first month of implementation, we averaged GH\u00a220 million for the GGR. As for the withholding tax, we\u2019ve just started the betting season, but during the lean season, we averaged GH\u00a215 million. We anticipate this to quadruple by May.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The GRA has introduced a 10% withholding tax on betting, with the goal of raising approximately GH\u00a2400 million to bolster government revenue.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Domestic Tax Revenue Division of the Ghana Revenue Authority says it has generated GH\u00a215 million from the recently implemented bet tax within a month. The tax collector is optimistic that this amount will reach GH\u00a260 million before the football season ends. Edward Gyambra, the Commissioner in charge of DTRD, expressed confidence that the Authority [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":38489,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_post_source_name":"","_post_source_url":"","footnotes":""},"categories":[43,1],"tags":[2784,5247,192,8214,2264,135,8383,1502,6206],"class_list":["post-38488","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-local-news","category-news","tag-bet","tag-football","tag-ghana","tag-ghana-revenue-authority","tag-government","tag-gra","tag-revenue","tag-tax","tag-taxes"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts\/38488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/comments?post=38488"}],"version-history":[{"count":1,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts\/38488\/revisions"}],"predecessor-version":[{"id":38490,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts\/38488\/revisions\/38490"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/media\/38489"}],"wp:attachment":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/media?parent=38488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/categories?post=38488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/tags?post=38488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}