Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
GH₵ 6,435
Income Tax
- GH₵ 189
Social Security
- GH₵ 354
Total tax
- GH₵ 543
Net pay
* GH₵ 5,892
Marginal tax rate
15.3%
Average tax rate
8.4%
91.6%
Net pay
8.4%
Total tax
Total tax
Net pay
The Taxberg
GH₵ 5,892
Net pay
GH₵ 837
Tax the employer pays
GH₵ 543
Tax you pay
Total tax paid
GH₵ 1,380
Did you know your employer also pays tax on your salary? It costs the employer GH₵ 837 to pay you GH₵ 6,435. In other words, every time you spend GH₵ 10 of your hard-earned money, GH₵ 2.14 goes to the government.
Real tax rate
19.0%
So, with you and the employer both paying tax, what used to be a 8.4% tax rate now rises to 19.0%, meaning your real tax rate is actually 10.6% higher than what it seemed at first.
Summary
If you make GH₵ 6,435 a year living in Ghana, you will be taxed GH₵ 543. That means that your net pay will be GH₵ 5,892 per year, or GH₵ 491 per month. Your average tax rate is 8.4% 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.
North America
Country 
Net pay
Average tax
Rank
Canada
GHS 6333
1.6%
1
USA
GHS 5878
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
GHS 6435
0.0%
1
Singapore
GHS 6435
0.0%
2
Hong Kong
GHS 6435
0.0%
3
Pakistan
GHS 6258
2.7%
4
Thailand
GHS 6113
5.0%
5
Indonesia
GHS 5869
8.8%
6
Taiwan
GHS 5865
8.9%
7
South Korea
GHS 5747
10.7%
8
New Zealand
GHS 5670
11.9%
9
India
GHS 5663
12.0%
10
Malaysia
GHS 5632
12.5%
11
Philippines
GHS 5594
13.1%
12
China
GHS 5587
13.2%
13
Vietnam
GHS 5471
15.0%
14
Japan
GHS 5229
18.7%
15
Kazakhstan
GHS 5097
20.8%
16
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Africa
Country 
Net pay
Average tax
Rank
South Africa
GHS 6371
1.0%
1
Uganda
GHS 6102
5.2%
2
Zambia
GHS 6049
6.0%
3
Morocco
GHS 6001
6.7%
4
Ivory Coast
GHS 5952
7.5%
5
Ghana
GHS 5892
8.4%
6
Senegal
GHS 5858
9.0%
7
Kenya
GHS 5677
11.8%
8
Mozambique
GHS 5461
15.1%
9
Cameroon
GHS 5429
15.6%
10
Nigeria
GHS 5221
18.9%
11
Angola
GHS 5194
19.3%
12
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Middle East
Country 
Net pay
Average tax
Rank
Saudi Arabia
GHS 6435
0.0%
1
United Arab Emirates
GHS 6113
5.0%
2
Qatar
GHS 6113
5.0%
3
Bahrain
GHS 5920
8.0%
4
Oman
GHS 5920
8.0%
5
Egypt
GHS 5869
8.8%
6
Lebanon
GHS 5767
10.4%
7
Kuwait
GHS 5727
11.0%
8
Israel
GHS 5589
13.2%
9
Turkey
GHS 5421
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.