The government will not introduce any new taxes in 2027, Finance Minister Dr Cassiel Ato Forson has disclosed.

He said the decision forms part of the government’s efforts to strengthen the country’s revenue collection system by addressing existing weaknesses and preventing revenue losses.

The move is expected to ensure that the state collects all taxes and other revenues legally owed to it. Dr Forson made this known while presenting the 2027 Budget Statement and Economic Policy to Parliament on Thursday, November 12.

“Mr. Speaker, since 2025, we have acted to give families breathing space and businesses room to grow. We abolished the E-Levy, the withholding tax on betting and lottery winnings, the COVID-19 Levy, the Emissions (Nwusie) Levy and VAT on motor vehicle insurance.

“This 2027 Budget will not introduce any new tax. Our task is to collect what is lawfully due, close the leakages and make the revenue system work better. Taxpayers deserve clear rules, fair treatment and timely decisions.”

In 2025, the government abolished the Electronic Transfer Levy (E-Levy), the withholding tax on betting and lottery winnings, the COVID-19 Levy, the Emissions (Nwusie) Levy and Value Added Tax (VAT) on motor vehicle insurance.