Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
GH₵ 22,920
Income Tax
- GH₵ 2,742
Social Security
- GH₵ 1,261
Total tax
- GH₵ 4,003
Net pay
* GH₵ 18,918
Marginal tax rate
22.0%
Average tax rate
17.5%
82.5%
Net pay
17.5%
Total tax
Total tax
Net pay
The Taxberg
GH₵ 18,918
Net pay
GH₵ 2,980
Tax the employer pays
GH₵ 4,003
Tax you pay
Total tax paid
GH₵ 6,982
Did you know your employer also pays tax on your salary? It costs the employer GH₵ 2,980 to pay you GH₵ 22,920. In other words, every time you spend GH₵ 10 of your hard-earned money, GH₵ 3.05 goes to the government.
Real tax rate
27.0%
So, with you and the employer both paying tax, what used to be a 17.5% tax rate now rises to 27.0%, meaning your real tax rate is actually 9.5% higher than what it seemed at first.
Summary
If you make GH₵ 22,920 a year living in Ghana, you will be taxed GH₵ 4,003. That means that your net pay will be GH₵ 18,918 per year, or GH₵ 1,576 per month. Your average tax rate is 17.5% 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₵ 22.03, hence, your net pay will only increase by GH₵ 77.97.
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₵ 3,899 of net incomes.
Compare average tax
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
GHS 22920
0.0%
1
Germany
GHS 22920
0.0%
2
Austria
GHS 22920
0.0%
3
Ireland
GHS 22920
0.0%
4
Norway
GHS 22920
0.0%
5
Sweden
GHS 22868
0.2%
6
Spain
GHS 21465
6.4%
7
Switzerland
GHS 20916
8.7%
8
Italy
GHS 20814
9.2%
9
France
GHS 20697
9.7%
10
Czech Republic
GHS 20399
11.0%
11
Luxembourg
GHS 20387
11.1%
12
Russia
GHS 19940
13.0%
13
Hungary
GHS 18680
18.5%
14
Ukraine
GHS 18451
19.5%
15
Poland
GHS 17998
21.5%
16
Greece
GHS 17912
21.9%
17
Portugal
GHS 17064
25.6%
18
Finland
GHS 15872
30.8%
19
Belgium
GHS 15586
32.0%
20
Denmark
GHS 14430
37.0%
21
Netherlands
GHS 14422
37.1%
22
Romania
GHS 13408
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
Canada
GHS 21414
6.6%
1
USA
GHS 20935
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
GHS 22920
0.0%
1
Singapore
GHS 22920
0.0%
2
Hong Kong
GHS 22920
0.0%
3
Pakistan
GHS 22743
0.8%
4
Thailand
GHS 21774
5.0%
5
Philippines
GHS 21311
7.0%
6
Indonesia
GHS 21003
8.4%
7
Taiwan
GHS 20891
8.9%
8
South Korea
GHS 20470
10.7%
9
New Zealand
GHS 20195
11.9%
10
India
GHS 20170
12.0%
11
Malaysia
GHS 20132
12.2%
12
China
GHS 19898
13.2%
13
Vietnam
GHS 19488
15.0%
14
Japan
GHS 18624
18.7%
15
Kazakhstan
GHS 18153
20.8%
16
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Latin America
Country 
Net pay
Average tax
Rank
Mexico
GHS 22376
2.4%
1
Brazil
GHS 21201
7.5%
2
Puerto Rico
GHS 21098
8.0%
3
Colombia
GHS 21086
8.0%
4
Ecuador
GHS 20754
9.5%
5
Guatemala
GHS 20722
9.6%
6
Costa Rica
GHS 20513
10.5%
7
Panama
GHS 20399
11.0%
8
Peru
GHS 20055
12.5%
9
Argentina
GHS 19024
17.0%
10
Chile
GHS 18886
17.6%
11
Uruguay
GHS 18771
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
GHS 22691
1.0%
1
Zambia
GHS 21545
6.0%
2
Morocco
GHS 21375
6.7%
3
Ivory Coast
GHS 20450
10.8%
4
Kenya
GHS 20028
12.6%
5
Uganda
GHS 20013
12.7%
6
Senegal
GHS 19617
14.4%
7
Cameroon
GHS 19338
15.6%
8
Mozambique
GHS 19195
16.3%
9
Ghana
GHS 18918
17.5%
10
Angola
GHS 17968
21.6%
11
Nigeria
GHS 17299
24.5%
12
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Middle East
Country 
Net pay
Average tax
Rank
Saudi Arabia
GHS 22920
0.0%
1
United Arab Emirates
GHS 21774
5.0%
2
Qatar
GHS 21774
5.0%
3
Bahrain
GHS 21086
8.0%
4
Oman
GHS 21087
8.0%
5
Kuwait
GHS 20399
11.0%
6
Israel
GHS 19906
13.2%
7
Lebanon
GHS 19555
14.7%
8
Turkey
GHS 18924
17.4%
9
Egypt
GHS 18909
17.5%
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.