Income tax calculator Ghana

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
GH₵ 7,988
Income Tax
- GH₵ 341
Social Security
- GH₵ 439
Total tax
- GH₵ 780
Net pay
* GH₵ 7,208
Marginal tax rate
15.3%
Average tax rate
9.8%
90.2%
Net pay
9.8%
Total tax
Total tax
Net pay
The Taxberg
GH₵ 7,208
Net pay
GH₵ 1,038
Tax the employer pays
GH₵ 780
Tax you pay
Total tax paid
GH₵ 1,819
Did you know your employer also pays tax on your salary? It costs the employer GH₵ 1,038 to pay you GH₵ 7,988. In other words, every time you spend GH₵ 10 of your hard-earned money, GH₵ 2.28 goes to the government.
Real tax rate
20.1%
So, with you and the employer both paying tax, what used to be a 9.8% tax rate now rises to 20.1%, meaning your real tax rate is actually 10.3% higher than what it seemed at first.
People also ask
GH₵ 7,988 yearly is how much per hour?
GH₵ 3.84 hourly is how much per year?
Summary
If you make GH₵ 7,988 a year living in Ghana, you will be taxed GH₵ 780. That means that your net pay will be GH₵ 7,208 per year, or GH₵ 601 per month. Your average tax rate is 9.8% 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.
Compare average tax
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 7862
1.6%
1
USA
GHS 7296
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
GHS 7988
0.0%
1
Singapore
GHS 7988
0.0%
2
Hong Kong
GHS 7988
0.0%
3
Pakistan
GHS 7811
2.2%
4
Thailand
GHS 7589
5.0%
5
Indonesia
GHS 7285
8.8%
6
Taiwan
GHS 7281
8.9%
7
South Korea
GHS 7134
10.7%
8
Philippines
GHS 7070
11.5%
9
New Zealand
GHS 7038
11.9%
10
India
GHS 7029
12.0%
11
Malaysia
GHS 6997
12.4%
12
China
GHS 6935
13.2%
13
Vietnam
GHS 6792
15.0%
14
Japan
GHS 6491
18.7%
15
Kazakhstan
GHS 6326
20.8%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Mexico
GHS 7798
2.4%
1
Brazil
GHS 7389
7.5%
2
Puerto Rico
GHS 7353
8.0%
3
Colombia
GHS 7349
8.0%
4
Ecuador
GHS 7233
9.5%
5
Guatemala
GHS 7222
9.6%
6
Costa Rica
GHS 7149
10.5%
7
Panama
GHS 7109
11.0%
8
Peru
GHS 6989
12.5%
9
Argentina
GHS 6630
17.0%
10
Chile
GHS 6582
17.6%
11
Uruguay
GHS 6542
18.1%
12
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Middle East
Country 
Net pay
Average tax
Rank
Saudi Arabia
GHS 7988
0.0%
1
United Arab Emirates
GHS 7589
5.0%
2
Qatar
GHS 7589
5.0%
3
Bahrain
GHS 7349
8.0%
4
Oman
GHS 7349
8.0%
5
Lebanon
GHS 7134
10.7%
6
Kuwait
GHS 7109
11.0%
7
Egypt
GHS 7059
11.6%
8
Israel
GHS 6938
13.2%
9
Turkey
GHS 6729
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.