Income tax calculator Ghana
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
GH₵ 224,931
Income Tax
- GH₵ 48,847
Social Security
- GH₵ 12,371
Total tax
- GH₵ 61,218
Net pay
*
GH₵ 163,713
Marginal tax rate
29.1%
Average tax rate
27.2%
72.8%
Net pay
27.2%
Total tax
Total tax
Net pay
The Taxberg
GH₵ 163,713
Net pay
GH₵ 29,241
Tax the employer pays
GH₵ 61,218
Tax you pay
Total tax paid
GH₵ 90,459
Did you know your employer also pays tax on your salary? It costs the employer GH₵ 29,241 to pay you GH₵ 224,931. In other words, every time you spend GH₵ 10 of your hard-earned money, GH₵ 4.02 goes to the government.
Real tax rate
35.6%
So, with you and the employer both paying tax, what used to be a 27.2% tax rate now rises to 35.6%, meaning your real tax rate is actually 8.4% higher than what it seemed at first.
Summary
If you make GH₵ 224,931 a year living in Ghana, you will be taxed GH₵ 61,218. That means that your net pay will be GH₵ 163,713 per year, or GH₵ 13,643 per month. Your average tax rate is 27.2% 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.
North America
Country
Net pay
Average tax
Rank
USA
GHS 200620
10.8%
1
Canada
GHS 170875
24.0%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
GHS 218858
2.7%
1
Hong Kong
GHS 213684
5.0%
2
Thailand
GHS 209045
7.1%
3
Taiwan
GHS 205024
8.9%
4
Pakistan
GHS 197649
12.1%
5
South Korea
GHS 196693
12.6%
6
Malaysia
GHS 192847
14.3%
7
New Zealand
GHS 191982
14.7%
8
Indonesia
GHS 191567
14.8%
9
Philippines
GHS 184602
17.9%
10
Japan
GHS 182656
18.8%
11
Singapore
GHS 179983
20.0%
12
Kazakhstan
GHS 178245
20.8%
13
Vietnam
GHS 173838
22.7%
14
India
GHS 165590
26.4%
15
China
GHS 159333
29.2%
16
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Latin America
Country
Net pay
Average tax
Rank
Puerto Rico
GHS 205862
8.5%
1
Guatemala
GHS 203363
9.6%
2
Ecuador
GHS 202749
9.9%
3
Colombia
GHS 202623
9.9%
4
Costa Rica
GHS 201313
10.5%
5
Panama
GHS 197136
12.4%
6
Mexico
GHS 184823
17.8%
7
Chile
GHS 184293
18.1%
8
Uruguay
GHS 178737
20.5%
9
Peru
GHS 175253
22.1%
10
Brazil
GHS 173975
22.7%
11
Argentina
GHS 146091
35.1%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
GHS 195795
13.0%
1
Mozambique
GHS 170959
24.0%
2
Morocco
GHS 169934
24.5%
3
Angola
GHS 166467
26.0%
4
Kenya
GHS 165728
26.3%
5
Ivory Coast
GHS 165739
26.3%
6
Ghana
GHS 163713
27.2%
7
Cameroon
GHS 157459
30.0%
8
Nigeria
GHS 155028
31.1%
9
Uganda
GHS 151007
32.9%
10
Senegal
GHS 150107
33.3%
11
Zambia
GHS 143102
36.4%
12
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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.