Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
GH₵ 14,560
Income Tax
- GH₵ 1,359
Social Security
- GH₵ 801
Total tax
- GH₵ 2,160
Net pay
* GH₵ 12,400
Marginal tax rate
22.0%
Average tax rate
14.8%
85.2%
Net pay
14.8%
Total tax
Total tax
Net pay
The Taxberg
GH₵ 12,400
Net pay
GH₵ 1,893
Tax the employer pays
GH₵ 2,160
Tax you pay
Total tax paid
GH₵ 4,053
Did you know your employer also pays tax on your salary? It costs the employer GH₵ 1,893 to pay you GH₵ 14,560. In other words, every time you spend GH₵ 10 of your hard-earned money, GH₵ 2.78 goes to the government.
Real tax rate
24.6%
So, with you and the employer both paying tax, what used to be a 14.8% tax rate now rises to 24.6%, meaning your real tax rate is actually 9.8% higher than what it seemed at first.
Summary
If you make GH₵ 14,560 a year living in Ghana, you will be taxed GH₵ 2,160. That means that your net pay will be GH₵ 12,400 per year, or GH₵ 1,033 per month. Your average tax rate is 14.8% and your marginal tax rate is 22.0%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of GH₵ 100 in your salary will be taxed GH₵ 22.04, hence, your net pay will only increase by GH₵ 77.96.
Bonus Example
A GH₵ 1,000 bonus will generate an extra GH₵ 780 of net incomes. A GH₵ 5,000 bonus will generate an extra GH₵ 3,898 of net incomes.
Compare average tax
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
GHS 14560
0.0%
1
Germany
GHS 14560
0.0%
2
Austria
GHS 14560
0.0%
3
Ireland
GHS 14560
0.0%
4
Sweden
GHS 14560
0.0%
5
Norway
GHS 14560
0.0%
6
Spain
GHS 13635
6.4%
7
Italy
GHS 13222
9.2%
8
France
GHS 13148
9.7%
9
Switzerland
GHS 13131
9.8%
10
Czech Republic
GHS 12958
11.0%
11
Luxembourg
GHS 12951
11.1%
12
Russia
GHS 12667
13.0%
13
Hungary
GHS 11866
18.5%
14
Ukraine
GHS 11721
19.5%
15
Poland
GHS 11433
21.5%
16
Greece
GHS 11379
21.9%
17
Portugal
GHS 10840
25.6%
18
Finland
GHS 10083
30.8%
19
Belgium
GHS 9901
32.0%
20
Netherlands
GHS 9166
37.0%
21
Denmark
GHS 8805
39.5%
22
Romania
GHS 8518
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
Canada
GHS 14040
3.6%
1
USA
GHS 13299
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
GHS 14560
0.0%
1
Singapore
GHS 14560
0.0%
2
Hong Kong
GHS 14560
0.0%
3
Pakistan
GHS 14383
1.2%
4
Thailand
GHS 13832
5.0%
5
Philippines
GHS 13323
8.5%
6
Indonesia
GHS 13305
8.6%
7
Taiwan
GHS 13271
8.9%
8
South Korea
GHS 13004
10.7%
9
New Zealand
GHS 12829
11.9%
10
India
GHS 12813
12.0%
11
Malaysia
GHS 12765
12.3%
12
China
GHS 12640
13.2%
13
Vietnam
GHS 12380
15.0%
14
Japan
GHS 11831
18.7%
15
Kazakhstan
GHS 11532
20.8%
16
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Latin America
Country 
Net pay
Average tax
Rank
Mexico
GHS 14214
2.4%
1
Brazil
GHS 13468
7.5%
2
Puerto Rico
GHS 13403
8.0%
3
Colombia
GHS 13395
8.0%
4
Ecuador
GHS 13184
9.5%
5
Guatemala
GHS 13164
9.6%
6
Costa Rica
GHS 13031
10.5%
7
Panama
GHS 12958
11.0%
8
Peru
GHS 12740
12.5%
9
Argentina
GHS 12085
17.0%
10
Chile
GHS 11997
17.6%
11
Uruguay
GHS 11925
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
GHS 14414
1.0%
1
Zambia
GHS 13686
6.0%
2
Morocco
GHS 13579
6.7%
3
Uganda
GHS 13575
6.8%
4
Ivory Coast
GHS 13287
8.7%
5
Senegal
GHS 12926
11.2%
6
Kenya
GHS 12706
12.7%
7
Ghana
GHS 12400
14.8%
8
Mozambique
GHS 12340
15.3%
9
Cameroon
GHS 12285
15.6%
10
Angola
GHS 11526
20.8%
11
Nigeria
GHS 11336
22.1%
12
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Middle East
Country 
Net pay
Average tax
Rank
Saudi Arabia
GHS 14560
0.0%
1
United Arab Emirates
GHS 13832
5.0%
2
Qatar
GHS 13832
5.0%
3
Bahrain
GHS 13395
8.0%
4
Oman
GHS 13395
8.0%
5
Kuwait
GHS 12958
11.0%
6
Lebanon
GHS 12729
12.6%
7
Israel
GHS 12645
13.2%
8
Egypt
GHS 12536
13.9%
9
Turkey
GHS 12264
15.8%
10
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NOTE* Withholding is calculated based on the tables of Ghana, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.