Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
GH₵ 23,365
Income Tax
- GH₵ 2,815
Social Security
- GH₵ 1,285
Total tax
- GH₵ 4,101
Net pay
* GH₵ 19,264
Marginal tax rate
22.0%
Average tax rate
17.6%
82.4%
Net pay
17.6%
Total tax
Total tax
Net pay
The Taxberg
GH₵ 19,264
Net pay
GH₵ 3,037
Tax the employer pays
GH₵ 4,101
Tax you pay
Total tax paid
GH₵ 7,138
Did you know your employer also pays tax on your salary? It costs the employer GH₵ 3,037 to pay you GH₵ 23,365. In other words, every time you spend GH₵ 10 of your hard-earned money, GH₵ 3.06 goes to the government.
Real tax rate
27.0%
So, with you and the employer both paying tax, what used to be a 17.6% tax rate now rises to 27.0%, meaning your real tax rate is actually 9.4% higher than what it seemed at first.
Summary
If you make GH₵ 23,365 a year living in Ghana, you will be taxed GH₵ 4,101. That means that your net pay will be GH₵ 19,264 per year, or GH₵ 1,605 per month. Your average tax rate is 17.6% 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 23365
0.0%
1
Germany
GHS 23365
0.0%
2
Austria
GHS 23365
0.0%
3
Ireland
GHS 23365
0.0%
4
Norway
GHS 23365
0.0%
5
Sweden
GHS 23303
0.3%
6
Spain
GHS 21881
6.4%
7
Switzerland
GHS 21331
8.7%
8
Italy
GHS 21218
9.2%
9
France
GHS 21099
9.7%
10
Czech Republic
GHS 20795
11.0%
11
Luxembourg
GHS 20783
11.1%
12
Russia
GHS 20328
13.0%
13
Hungary
GHS 19042
18.5%
14
Ukraine
GHS 18809
19.5%
15
Poland
GHS 18347
21.5%
16
Greece
GHS 18260
21.9%
17
Portugal
GHS 17395
25.6%
18
Finland
GHS 16180
30.8%
19
Belgium
GHS 15888
32.0%
20
Denmark
GHS 14729
37.0%
21
Netherlands
GHS 14703
37.1%
22
Romania
GHS 13668
41.5%
23
Show more
North America
Country 
Net pay
Average tax
Rank
Canada
GHS 21806
6.7%
1
USA
GHS 21341
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
GHS 23365
0.0%
1
Singapore
GHS 23365
0.0%
2
Hong Kong
GHS 23365
0.0%
3
Pakistan
GHS 23188
0.8%
4
Thailand
GHS 22197
5.0%
5
Philippines
GHS 21740
7.0%
6
Indonesia
GHS 21413
8.4%
7
Taiwan
GHS 21297
8.9%
8
South Korea
GHS 20868
10.7%
9
New Zealand
GHS 20587
11.9%
10
India
GHS 20561
12.0%
11
Malaysia
GHS 20525
12.2%
12
China
GHS 20284
13.2%
13
Vietnam
GHS 19866
15.0%
14
Japan
GHS 18986
18.7%
15
Kazakhstan
GHS 18505
20.8%
16
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Latin America
Country 
Net pay
Average tax
Rank
Mexico
GHS 22810
2.4%
1
Brazil
GHS 21613
7.5%
2
Puerto Rico
GHS 21507
8.0%
3
Colombia
GHS 21496
8.0%
4
Ecuador
GHS 21157
9.5%
5
Guatemala
GHS 21125
9.6%
6
Costa Rica
GHS 20912
10.5%
7
Panama
GHS 20795
11.0%
8
Peru
GHS 20444
12.5%
9
Argentina
GHS 19393
17.0%
10
Chile
GHS 19253
17.6%
11
Uruguay
GHS 19136
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
GHS 23131
1.0%
1
Zambia
GHS 21963
6.0%
2
Morocco
GHS 21790
6.7%
3
Ivory Coast
GHS 20832
10.8%
4
Kenya
GHS 20415
12.6%
5
Uganda
GHS 20302
13.1%
6
Senegal
GHS 19933
14.7%
7
Cameroon
GHS 19714
15.6%
8
Mozambique
GHS 19560
16.3%
9
Ghana
GHS 19264
17.6%
10
Angola
GHS 18310
21.6%
11
Nigeria
GHS 17613
24.6%
12
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Middle East
Country 
Net pay
Average tax
Rank
Saudi Arabia
GHS 23365
0.0%
1
United Arab Emirates
GHS 22197
5.0%
2
Qatar
GHS 22197
5.0%
3
Bahrain
GHS 21496
8.0%
4
Oman
GHS 21496
8.0%
5
Kuwait
GHS 20795
11.0%
6
Israel
GHS 20292
13.2%
7
Lebanon
GHS 19906
14.8%
8
Turkey
GHS 19276
17.5%
9
Egypt
GHS 19237
17.7%
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.