Income tax calculator Ghana
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
GH₵ 460,000
Income Tax
- GH₵ 114,117
Social Security
- GH₵ 25,300
Total tax
- GH₵ 139,417
Net pay
*
GH₵ 320,583
Marginal tax rate
33.9%
Average tax rate
30.3%
69.7%
Net pay
30.3%
Total tax
Total tax
Net pay
The Taxberg
GH₵ 320,583
Net pay
GH₵ 59,800
Tax the employer pays
GH₵ 139,417
Tax you pay
Total tax paid
GH₵ 199,217
Did you know your employer also pays tax on your salary? It costs the employer GH₵ 59,800 to pay you GH₵ 460,000. In other words, every time you spend GH₵ 10 of your hard-earned money, GH₵ 4.33 goes to the government.
Real tax rate
38.3%
So, with you and the employer both paying tax, what used to be a 30.3% tax rate now rises to 38.3%, meaning your real tax rate is actually 8% higher than what it seemed at first.
Summary
If you make GH₵ 460,000 a year living in Ghana, you will be taxed GH₵ 139,417. That means that your net pay will be GH₵ 320,583 per year, or GH₵ 26,715 per month. Your average tax rate is 30.3% and your marginal tax rate is 33.9%. 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₵ 33.85, hence, your net pay will only increase by GH₵ 66.15.
Bonus Example
A GH₵ 1,000 bonus will generate an extra GH₵ 662 of net incomes. A GH₵ 5,000 bonus will generate an extra GH₵ 3,308 of net incomes.
Compare average tax
Europe
Country
Net pay
Average tax
Rank
Switzerland
GHS 410508
10.8%
1
Ireland
GHS 400450
13.0%
2
Russia
GHS 400200
13.0%
3
United Kingdom
GHS 394827
14.2%
4
France
GHS 388522
15.5%
5
Hungary
GHS 374900
18.5%
6
Norway
GHS 372324
19.1%
7
Ukraine
GHS 370300
19.5%
8
Luxembourg
GHS 369147
19.8%
9
Austria
GHS 362569
21.2%
10
Spain
GHS 362247
21.3%
11
Czech Republic
GHS 361547
21.4%
12
Sweden
GHS 329343
28.4%
13
Greece
GHS 327924
28.7%
14
Germany
GHS 324888
29.4%
15
Italy
GHS 324545
29.5%
16
Poland
GHS 314090
31.7%
17
Denmark
GHS 308724
32.9%
18
Finland
GHS 301853
34.4%
19
Portugal
GHS 291668
36.6%
20
Netherlands
GHS 289472
37.1%
21
Romania
GHS 269100
41.5%
22
Belgium
GHS 264541
42.5%
23
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North America
Country
Net pay
Average tax
Rank
USA
GHS 379221
17.6%
1
Canada
GHS 340125
26.1%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Hong Kong
GHS 431656
6.2%
1
Taiwan
GHS 411053
10.6%
2
Thailand
GHS 404233
12.1%
3
Australia
GHS 400442
13.0%
4
South Korea
GHS 383562
16.6%
5
New Zealand
GHS 381551
17.1%
6
Kazakhstan
GHS 368323
19.9%
7
Indonesia
GHS 366679
20.3%
8
Pakistan
GHS 365929
20.5%
9
Singapore
GHS 362372
21.2%
10
Japan
GHS 359834
21.8%
11
Malaysia
GHS 358319
22.1%
12
Philippines
GHS 345877
24.8%
13
Vietnam
GHS 333527
27.5%
14
China
GHS 312826
32.0%
15
India
GHS 299109
35.0%
16
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Latin America
Country
Net pay
Average tax
Rank
Guatemala
GHS 415893
9.6%
1
Puerto Rico
GHS 405428
11.9%
2
Costa Rica
GHS 403588
12.3%
3
Ecuador
GHS 391631
14.9%
4
Colombia
GHS 376777
18.1%
5
Panama
GHS 374966
18.5%
6
Chile
GHS 369223
19.7%
7
Mexico
GHS 355456
22.7%
8
Peru
GHS 351758
23.5%
9
Brazil
GHS 342675
25.5%
10
Uruguay
GHS 332206
27.8%
11
Argentina
GHS 298886
35.0%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
GHS 361622
21.4%
1
Angola
GHS 337480
26.6%
2
Mozambique
GHS 335125
27.2%
3
Kenya
GHS 330276
28.2%
4
Ghana
GHS 320583
30.3%
5
Ivory Coast
GHS 319492
30.6%
6
Morocco
GHS 315666
31.4%
7
Nigeria
GHS 314922
31.5%
8
Uganda
GHS 303802
34.0%
9
Cameroon
GHS 300203
34.7%
10
Senegal
GHS 294685
35.9%
11
Zambia
GHS 287670
37.5%
12
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Middle East
Country
Net pay
Average tax
Rank
United Arab Emirates
GHS 437000
5.0%
1
Qatar
GHS 437000
5.0%
2
Bahrain
GHS 423200
8.0%
3
Oman
GHS 423200
8.0%
4
Saudi Arabia
GHS 414000
10.0%
5
Kuwait
GHS 409400
11.0%
6
Israel
GHS 385879
16.1%
7
Egypt
GHS 349513
24.0%
8
Lebanon
GHS 348091
24.3%
9
Turkey
GHS 271039
41.1%
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.