Make part of a layered image transparent

[Chris Bruty]

I am very new to Photoshop, so please excuse if this is stupidly simple (or impossible).

I have an image (attached) where I have created an elipse on a background I have added a gradient fill to, so it gives off a glow effect. Inside the elipse I have a rectangle and a text box.

At the moment the elipse has a white fill to block out the rest of the background gradient, but ideally I would like this to be transparent, so ultimately you will only see the text, rectangle and the outer glow, but I can't work out a way of doing this.

Is there any way or creating some sort of clipping mask to show the elipse as transparent? Or some other tool which will allow this?

For clarity, the white bits in the attached image I would like to be transparent but keep the rest - ideally still as a layered file so I can make amendments at a later date if required.

[Jumpenjax]

Yes,here is a video to help you. 👍

https://youtu.be/Gk5XxNWYVew

[Conrad_C]

One question: Are the text, the rectangle, the ellipse, and the gradient all on layers above a solid white Background layer? If that is the case, all you might have to do is delete the solid white Background layer, leaving all other layers over a transparent background.

If any of the graphics are already merged into the default Background layer, then it will be more of a challenge.

[JJMack]

You did not include your layers palette in you post. I have no way to know what your document layers structure is like.  I can not tell if you fill the eclipse with white or if the white the background layer showing  through  a radial gradient you masked with a circular layer mask. There are many ways you can construct an image for example

[Bojan Živković]

"ideally still as a layered file"

If you have layered file just click on eyeball icon in front (on the left side of layers thumbnail) of bottom most - white background layer to disapear and to hide content on layer. Otherwise please post screenshot with entire document and Layers panel visible.