Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
GH₵ 22,692
Income Tax
- GH₵ 2,704
Social Security
- GH₵ 1,248
Total tax
- GH₵ 3,952
Net pay
* GH₵ 18,740
Marginal tax rate
22.0%
Average tax rate
17.4%
82.6%
Net pay
17.4%
Total tax
Total tax
Net pay
The Taxberg
GH₵ 18,740
Net pay
GH₵ 2,950
Tax the employer pays
GH₵ 3,952
Tax you pay
Total tax paid
GH₵ 6,902
Did you know your employer also pays tax on your salary? It costs the employer GH₵ 2,950 to pay you GH₵ 22,692. In other words, every time you spend GH₵ 10 of your hard-earned money, GH₵ 3.04 goes to the government.
Real tax rate
26.9%
So, with you and the employer both paying tax, what used to be a 17.4% tax rate now rises to 26.9%, meaning your real tax rate is actually 9.5% higher than what it seemed at first.
Summary
If you make GH₵ 22,692 a year living in Ghana, you will be taxed GH₵ 3,952. That means that your net pay will be GH₵ 18,740 per year, or GH₵ 1,562 per month. Your average tax rate is 17.4% 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
North America
Country 
Net pay
Average tax
Rank
Canada
GHS 21213
6.5%
1
USA
GHS 20727
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
GHS 22692
0.0%
1
Singapore
GHS 22692
0.0%
2
Hong Kong
GHS 22692
0.0%
3
Pakistan
GHS 22515
0.8%
4
Thailand
GHS 21557
5.0%
5
Philippines
GHS 21091
7.1%
6
Indonesia
GHS 20793
8.4%
7
Taiwan
GHS 20684
8.9%
8
South Korea
GHS 20267
10.7%
9
New Zealand
GHS 19994
11.9%
10
India
GHS 19969
12.0%
11
Malaysia
GHS 19931
12.2%
12
China
GHS 19700
13.2%
13
Vietnam
GHS 19294
15.0%
14
Japan
GHS 18439
18.7%
15
Kazakhstan
GHS 17972
20.8%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Mexico
GHS 22153
2.4%
1
Brazil
GHS 20990
7.5%
2
Puerto Rico
GHS 20888
8.0%
3
Colombia
GHS 20877
8.0%
4
Ecuador
GHS 20548
9.5%
5
Guatemala
GHS 20516
9.6%
6
Costa Rica
GHS 20309
10.5%
7
Panama
GHS 20196
11.0%
8
Peru
GHS 19856
12.5%
9
Argentina
GHS 18834
17.0%
10
Chile
GHS 18698
17.6%
11
Uruguay
GHS 18585
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
GHS 22465
1.0%
1
Zambia
GHS 21330
6.0%
2
Morocco
GHS 21163
6.7%
3
Ivory Coast
GHS 20255
10.7%
4
Uganda
GHS 19865
12.5%
5
Kenya
GHS 19830
12.6%
6
Senegal
GHS 19455
14.3%
7
Cameroon
GHS 19146
15.6%
8
Mozambique
GHS 19008
16.2%
9
Ghana
GHS 18740
17.4%
10
Angola
GHS 17793
21.6%
11
Nigeria
GHS 17138
24.5%
12
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Middle East
Country 
Net pay
Average tax
Rank
Saudi Arabia
GHS 22692
0.0%
1
United Arab Emirates
GHS 21557
5.0%
2
Qatar
GHS 21557
5.0%
3
Bahrain
GHS 20876
8.0%
4
Oman
GHS 20876
8.0%
5
Kuwait
GHS 20196
11.0%
6
Israel
GHS 19708
13.2%
7
Lebanon
GHS 19374
14.6%
8
Turkey
GHS 18743
17.4%
9
Egypt
GHS 18740
17.4%
10
Show more
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.