Income tax calculator Ghana

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
GH₵ 5,694
Income Tax
- GH₵ 117
Social Security
- GH₵ 313
Total tax
- GH₵ 430
Net pay
* GH₵ 5,264
Marginal tax rate
15.3%
Average tax rate
7.5%
92.5%
Net pay
7.5%
Total tax
Total tax
Net pay
The Taxberg
GH₵ 5,264
Net pay
GH₵ 740
Tax the employer pays
GH₵ 430
Tax you pay
Total tax paid
GH₵ 1,170
Did you know your employer also pays tax on your salary? It costs the employer GH₵ 740 to pay you GH₵ 5,694. In other words, every time you spend GH₵ 10 of your hard-earned money, GH₵ 2.05 goes to the government.
Real tax rate
18.2%
So, with you and the employer both paying tax, what used to be a 7.5% tax rate now rises to 18.2%, meaning your real tax rate is actually 10.7% higher than what it seemed at first.
People also ask
GH₵ 5,694 yearly is how much per hour?
GH₵ 2.74 hourly is how much per year?
Summary
If you make GH₵ 5,694 a year living in Ghana, you will be taxed GH₵ 430. That means that your net pay will be GH₵ 5,264 per year, or GH₵ 439 per month. Your average tax rate is 7.6% and your marginal tax rate is 15.3%. 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₵ 15.28, hence, your net pay will only increase by GH₵ 84.72.
Bonus Example
A GH₵ 1,000 bonus will generate an extra GH₵ 847 of net incomes. A GH₵ 5,000 bonus will generate an extra GH₵ 4,236 of net incomes.
Tax per income
GH₵ 5,000
GH₵ 10,000
GH₵ 15,000
GH₵ 20,000
GH₵ 25,000
GH₵ 30,000
GH₵ 35,000
GH₵ 40,000
GH₵ 45,000
GH₵ 50,000
GH₵ 55,000
GH₵ 60,000
GH₵ 65,000
GH₵ 70,000
GH₵ 75,000
GH₵ 80,000
GH₵ 85,000
GH₵ 90,000
GH₵ 95,000
GH₵ 100,000
North America
Country 
Net pay
Average tax
Rank
Canada
GHS 5604
1.6%
1
USA
GHS 5201
8.7%
2
Latin America
Country 
Net pay
Average tax
Rank
Mexico
GHS 5559
2.4%
1
Brazil
GHS 5267
7.5%
2
Puerto Rico
GHS 5241
8.0%
3
Colombia
GHS 5238
8.0%
4
Ecuador
GHS 5156
9.5%
5
Guatemala
GHS 5148
9.6%
6
Costa Rica
GHS 5096
10.5%
7
Panama
GHS 5068
11.0%
8
Peru
GHS 4982
12.5%
9
Argentina
GHS 4726
17.0%
10
Chile
GHS 4692
17.6%
11
Uruguay
GHS 4663
18.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
GHS 5637
1.0%
1
Uganda
GHS 5404
5.1%
2
Zambia
GHS 5352
6.0%
3
Morocco
GHS 5310
6.7%
4
Ivory Coast
GHS 5267
7.5%
5
Ghana
GHS 5264
7.6%
6
Senegal
GHS 5180
9.0%
7
Kenya
GHS 5010
12.0%
8
Mozambique
GHS 4816
15.4%
9
Cameroon
GHS 4804
15.6%
10
Nigeria
GHS 4646
18.4%
11
Angola
GHS 4611
19.0%
12
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.