Income tax calculator Ghana
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
GH₵ 230,318
Income Tax
- GH₵ 50,120
Social Security
- GH₵ 12,667
Total tax
- GH₵ 62,787
Net pay
*
GH₵ 167,531
Marginal tax rate
29.1%
Average tax rate
27.3%
72.7%
Net pay
27.3%
Total tax
Total tax
Net pay
The Taxberg
GH₵ 167,531
Net pay
GH₵ 29,941
Tax the employer pays
GH₵ 62,787
Tax you pay
Total tax paid
GH₵ 92,728
Did you know your employer also pays tax on your salary? It costs the employer GH₵ 29,941 to pay you GH₵ 230,318. In other words, every time you spend GH₵ 10 of your hard-earned money, GH₵ 4.03 goes to the government.
Real tax rate
35.6%
So, with you and the employer both paying tax, what used to be a 27.3% tax rate now rises to 35.6%, meaning your real tax rate is actually 8.3% higher than what it seemed at first.
Summary
If you make GH₵ 230,318 a year living in Ghana, you will be taxed GH₵ 62,787. That means that your net pay will be GH₵ 167,531 per year, or GH₵ 13,961 per month. Your average tax rate is 27.3% 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₵ 29.12, hence, your net pay will only increase by GH₵ 70.88.
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.
Europe
Country
Net pay
Average tax
Rank
United Kingdom
GHS 230318
0.0%
1
Ireland
GHS 229901
0.2%
2
Spain
GHS 215693
6.4%
3
Switzerland
GHS 214211
7.0%
4
France
GHS 204746
11.1%
5
Norway
GHS 203510
11.6%
6
Luxembourg
GHS 200380
13.0%
7
Russia
GHS 200377
13.0%
8
Italy
GHS 196333
14.8%
9
Austria
GHS 195823
15.0%
10
Czech Republic
GHS 191582
16.8%
11
Hungary
GHS 187709
18.5%
12
Ukraine
GHS 185406
19.5%
13
Germany
GHS 185003
19.7%
14
Greece
GHS 176897
23.2%
15
Sweden
GHS 175415
23.8%
16
Poland
GHS 167428
27.3%
17
Portugal
GHS 160127
30.5%
18
Finland
GHS 158815
31.1%
19
Belgium
GHS 156535
32.0%
20
Denmark
GHS 153964
33.2%
21
Netherlands
GHS 144926
37.1%
22
Romania
GHS 134736
41.5%
23
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Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
GHS 223031
3.2%
1
Hong Kong
GHS 218802
5.0%
2
Thailand
GHS 213721
7.2%
3
Taiwan
GHS 209938
8.9%
4
Pakistan
GHS 201689
12.4%
5
South Korea
GHS 201231
12.6%
6
Malaysia
GHS 197092
14.4%
7
New Zealand
GHS 196351
14.8%
8
Indonesia
GHS 196009
14.9%
9
Philippines
GHS 188486
18.2%
10
Japan
GHS 186920
18.8%
11
Singapore
GHS 184335
20.0%
12
Kazakhstan
GHS 182569
20.7%
13
Vietnam
GHS 177695
22.9%
14
India
GHS 168650
26.8%
15
China
GHS 163091
29.2%
16
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Africa
Country
Net pay
Average tax
Rank
South Africa
GHS 199781
13.3%
1
Mozambique
GHS 174838
24.1%
2
Morocco
GHS 173409
24.7%
3
Angola
GHS 170387
26.0%
4
Kenya
GHS 169499
26.4%
5
Ivory Coast
GHS 169285
26.5%
6
Ghana
GHS 167531
27.3%
7
Cameroon
GHS 160703
30.2%
8
Nigeria
GHS 158692
31.1%
9
Uganda
GHS 154509
32.9%
10
Senegal
GHS 153500
33.4%
11
Zambia
GHS 146415
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.