Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
GH₵ 2,986
Social Security
- GH₵ 164
Total tax
- GH₵ 164
Net pay
* GH₵ 2,822
Marginal tax rate
5.5%
Average tax rate
5.5%
94.5%
Net pay
5.5%
Total tax
Total tax
Net pay
The Taxberg
GH₵ 2,822
Net pay
GH₵ 388
Tax the employer pays
GH₵ 164
Tax you pay
Total tax paid
GH₵ 552
Did you know your employer also pays tax on your salary? It costs the employer GH₵ 388 to pay you GH₵ 2,986. In other words, every time you spend GH₵ 10 of your hard-earned money, GH₵ 1.85 goes to the government.
Real tax rate
16.4%
So, with you and the employer both paying tax, what used to be a 5.5% tax rate now rises to 16.4%, meaning your real tax rate is actually 10.9% higher than what it seemed at first.
Summary
If you make GH₵ 2,986 a year living in Ghana, you will be taxed GH₵ 164. That means that your net pay will be GH₵ 2,822 per year, or GH₵ 235 per month. Your average tax rate is 5.5% and your marginal tax rate is 5.5%. 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₵ 5.50, hence, your net pay will only increase by GH₵ 94.50.
Bonus Example
A GH₵ 1,000 bonus will generate an extra GH₵ 945 of net incomes. A GH₵ 5,000 bonus will generate an extra GH₵ 4,725 of net incomes.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
Canada
GHS 2939
1.6%
1
USA
GHS 2727
8.7%
2
Middle East
Country 
Net pay
Average tax
Rank
Egypt
GHS 2986
0.0%
1
Saudi Arabia
GHS 2986
0.0%
2
United Arab Emirates
GHS 2837
5.0%
3
Qatar
GHS 2837
5.0%
4
Bahrain
GHS 2747
8.0%
5
Oman
GHS 2747
8.0%
6
Lebanon
GHS 2737
8.4%
7
Kuwait
GHS 2657
11.0%
8
Israel
GHS 2593
13.2%
9
Turkey
GHS 2515
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.