Income tax calculator Ghana
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
GH₵ 50,856
Income Tax
- GH₵ 7,722
Social Security
- GH₵ 2,797
Total tax
- GH₵ 10,519
Net pay
*
GH₵ 40,337
Marginal tax rate
29.1%
Average tax rate
20.7%
79.3%
Net pay
20.7%
Total tax
Total tax
Net pay
The Taxberg
GH₵ 40,337
Net pay
GH₵ 6,611
Tax the employer pays
GH₵ 10,519
Tax you pay
Total tax paid
GH₵ 17,130
Did you know your employer also pays tax on your salary? It costs the employer GH₵ 6,611 to pay you GH₵ 50,856. In other words, every time you spend GH₵ 10 of your hard-earned money, GH₵ 3.37 goes to the government.
Real tax rate
29.8%
So, with you and the employer both paying tax, what used to be a 20.7% tax rate now rises to 29.8%, meaning your real tax rate is actually 9.1% higher than what it seemed at first.
Summary
If you make GH₵ 50,856 a year living in Ghana, you will be taxed GH₵ 10,519. That means that your net pay will be GH₵ 40,337 per year, or GH₵ 3,361 per month. Your average tax rate is 20.7% and your marginal tax rate is 29.1%. 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₵ 29.13, hence, your net pay will only increase by GH₵ 70.87.
Bonus Example
A GH₵ 1,000 bonus will generate an extra GH₵ 709 of net incomes. A GH₵ 5,000 bonus will generate an extra GH₵ 3,544 of net incomes.
Compare average tax
Europe
Country
Net pay
Average tax
Rank
United Kingdom
GHS 50856
0.0%
1
Germany
GHS 50856
0.0%
2
Austria
GHS 50856
0.0%
3
Ireland
GHS 50856
0.0%
4
Norway
GHS 50856
0.0%
5
Spain
GHS 47627
6.4%
6
Switzerland
GHS 46953
7.7%
7
Italy
GHS 46182
9.2%
8
France
GHS 45923
9.7%
9
Czech Republic
GHS 45262
11.0%
10
Luxembourg
GHS 45236
11.1%
11
Sweden
GHS 44458
12.6%
12
Russia
GHS 44245
13.0%
13
Hungary
GHS 41448
18.5%
14
Ukraine
GHS 40939
19.5%
15
Poland
GHS 39934
21.5%
16
Greece
GHS 39744
21.9%
17
Portugal
GHS 37862
25.6%
18
Finland
GHS 35218
30.8%
19
Belgium
GHS 34582
32.0%
20
Denmark
GHS 33225
34.7%
21
Netherlands
GHS 31990
37.1%
22
Romania
GHS 29751
41.5%
23
Show more
North America
Country
Net pay
Average tax
Rank
USA
GHS 46451
8.7%
1
Canada
GHS 44333
12.8%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
GHS 50856
0.0%
1
Singapore
GHS 50856
0.0%
2
Hong Kong
GHS 50856
0.0%
3
Pakistan
GHS 50291
1.1%
4
Thailand
GHS 48313
5.0%
5
Philippines
GHS 47956
5.7%
6
Indonesia
GHS 46746
8.1%
7
Taiwan
GHS 46355
8.9%
8
South Korea
GHS 45420
10.7%
9
Malaysia
GHS 44841
11.8%
10
New Zealand
GHS 44809
11.9%
11
India
GHS 44753
12.0%
12
China
GHS 44151
13.2%
13
Vietnam
GHS 42902
15.6%
14
Japan
GHS 41325
18.7%
15
Kazakhstan
GHS 40278
20.8%
16
Show more
Latin America
Country
Net pay
Average tax
Rank
Mexico
GHS 49405
2.9%
1
Colombia
GHS 52067
7.3%
2
Brazil
GHS 46900
7.8%
3
Puerto Rico
GHS 46813
8.0%
4
Ecuador
GHS 46050
9.5%
5
Guatemala
GHS 45980
9.6%
6
Costa Rica
GHS 45516
10.5%
7
Panama
GHS 45262
11.0%
8
Peru
GHS 44499
12.5%
9
Argentina
GHS 42210
17.0%
10
Chile
GHS 41905
17.6%
11
Uruguay
GHS 41651
18.1%
12
Show more
Africa
Country
Net pay
Average tax
Rank
South Africa
GHS 50347
1.0%
1
Morocco
GHS 47253
7.1%
2
Kenya
GHS 43743
14.0%
3
Ivory Coast
GHS 43312
14.8%
4
Cameroon
GHS 42907
15.6%
5
Zambia
GHS 42254
16.9%
6
Mozambique
GHS 41712
18.0%
7
Ghana
GHS 40337
20.7%
8
Angola
GHS 38971
23.4%
9
Senegal
GHS 38390
24.5%
10
Uganda
GHS 37906
25.5%
11
Nigeria
GHS 36622
28.0%
12
Show more
Middle East
Country
Net pay
Average tax
Rank
Saudi Arabia
GHS 50856
0.0%
1
United Arab Emirates
GHS 48313
5.0%
2
Qatar
GHS 48313
5.0%
3
Bahrain
GHS 46788
8.0%
4
Oman
GHS 46788
8.0%
5
Kuwait
GHS 45262
11.0%
6
Israel
GHS 44168
13.2%
7
Lebanon
GHS 41233
18.9%
8
Egypt
GHS 40002
21.3%
9
Turkey
GHS 32714
35.7%
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.