Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
GH₵ 6,563
Income Tax
- GH₵ 1,853
Social Security
- GH₵ 361
Total tax
- GH₵ 2,214
Net pay
* GH₵ 4,349
Marginal tax rate
33.8%
Average tax rate
33.7%
66.3%
Net pay
33.7%
Total tax
Total tax
Net pay
The Taxberg
GH₵ 4,349
Net pay
GH₵ 853
Tax the employer pays
GH₵ 2,214
Tax you pay
Total tax paid
GH₵ 3,067
Did you know your employer also pays tax on your salary? It costs the employer GH₵ 853 to pay you GH₵ 6,563. In other words, every time you spend GH₵ 10 of your hard-earned money, GH₵ 4.67 goes to the government.
Real tax rate
41.4%
So, with you and the employer both paying tax, what used to be a 33.7% tax rate now rises to 41.4%, meaning your real tax rate is actually 7.7% higher than what it seemed at first.
Summary
If you make GH₵ 13,651,040 a year living in Ghana, you will be taxed GH₵ 4,604,584. That means that your net pay will be GH₵ 9,046,456 per year, or GH₵ 753,871 per month. Your average tax rate is 33.7% 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
North America
Country 
Net pay
Average tax
Rank
USA
GHS 7849555
42.5%
1
Canada
GHS 6726021
50.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
GHS 12174742
10.8%
1
Hong Kong
GHS 11384027
16.6%
2
Singapore
GHS 10787876
21.0%
3
Indonesia
GHS 9288865
32.0%
4
Thailand
GHS 9098601
33.4%
5
Pakistan
GHS 8946258
34.5%
6
Vietnam
GHS 8900005
34.8%
7
Taiwan
GHS 8602682
37.0%
8
Philippines
GHS 8590068
37.1%
9
New Zealand
GHS 8501262
37.7%
10
Malaysia
GHS 8371823
38.7%
11
China
GHS 7972563
41.6%
12
Japan
GHS 7789027
42.9%
13
South Korea
GHS 7619762
44.2%
14
Australia
GHS 7549267
44.7%
15
India
GHS 5138485
62.4%
16
Show more
Middle East
Country 
Net pay
Average tax
Rank
Kuwait
GHS 13477660
1.3%
1
Saudi Arabia
GHS 13415708
1.7%
2
Bahrain
GHS 13368595
2.1%
3
United Arab Emirates
GHS 12968488
5.0%
4
Qatar
GHS 12968488
5.0%
5
Oman
GHS 12558957
8.0%
6
Egypt
GHS 10242793
25.0%
7
Lebanon
GHS 10241371
25.0%
8
Turkey
GHS 7953632
41.7%
9
Israel
GHS 7225738
47.1%
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.