Ghana
Sources and data for Ghana
Every value the calculators use, with its effective dates and a link to the official source.
Annual income tax bands for resident individuals
- Current value
Table with 7 brackets
GH₵0 / GH₵7,056 0% GH₵7,056 / GH₵8,016 5% GH₵8,016 / GH₵9,216 10% GH₵9,216 / GH₵44,016 17.5% GH₵44,016 / GH₵236,016 25% GH₵236,016 / GH₵600,000 30% GH₵600,000 + 35% - From
- 1 September 2026
- Checked on
- 18 October 2026
Flat income tax rate for non-resident individuals
- Current value
- 25%
- From
- 18 October 2026
- Checked on
- 18 October 2026
SSNIT contribution deducted from the worker
- Current value
- 5.5%
- From
- 18 October 2026
- Source
- SSNITBecome an Employer
- Checked on
- 18 October 2026
SSNIT contribution added by the employer
- Current value
- 13%
- From
- 18 October 2026
- Source
- SSNITBecome an Employer
- Checked on
- 18 October 2026
Part of the total contribution remitted to SSNIT (Tier 1)
- Current value
- 13.5%
- From
- 18 October 2026
- Source
- SSNITBecome an Employer
- Checked on
- 18 October 2026
Part of the total contribution remitted to Tier 2
- Current value
- 5%
- From
- 18 October 2026
- Source
- SSNITBecome an Employer
- Checked on
- 18 October 2026
Maximum provident fund contribution deductible for PAYE (share of basic salary)
- Current value
- 16.5%
- From
- 18 October 2026
- Checked on
- 18 October 2026
Tax on bonus up to the bonus limit
- Current value
- 5%
- From
- 18 October 2026
- Checked on
- 18 October 2026
Bonus taxed at the flat rate, as a share of annual basic salary
- Current value
- 15%
- From
- 18 October 2026
- Checked on
- 18 October 2026
Tax on overtime of qualifying junior staff
- Current value
- Overtime up to 50% of monthly basic salary 5%
- Overtime above 50% of monthly basic salary 10%
- From
- 18 October 2026
- Checked on
- 18 October 2026
Overtime limit for the lower rate, as a share of monthly basic salary
- Current value
- 50%
- From
- 18 October 2026
- Checked on
- 18 October 2026
Qualifying employment income limit for the overtime rate
- Current value
- GH₵18,000
- From
- 18 October 2026
- Checked on
- 18 October 2026
Tax deducted from payments to casual workers
- Current value
- 5%
- From
- 18 October 2026
- Checked on
- 18 October 2026
VAT and levies on the value of a supply (since 1 January 2026)
- Current value
- VAT 15%
- National Health Insurance Levy (NHIL) 2.5%
- GETFund Levy 2.5%
- From
- 1 January 2026
- Checked on
- 18 October 2026
VAT registration threshold for businesses dealing in goods
- Current value
- GH₵750,000
- From
- 1 January 2026
- Checked on
- 18 October 2026
Rent income tax
- Current value
- Residential premises 8%
- Commercial and non-residential premises 15%
- From
- 18 October 2026
- Source
- GRARent Income Tax
- Checked on
- 18 October 2026
Capital gains tax for individuals
- Current value
- 15%
- From
- 18 October 2026
- Source
- GRACapital Gains Tax
- Checked on
- 18 October 2026
Tax on gifts from investment
- Current value
- Resident 15%
- Non-resident 25%
- From
- 18 October 2026
- Source
- GRAGift Tax
- Checked on
- 18 October 2026
Presumptive tax under the Modified Taxation Scheme
- Current value
- 3%
- From
- 1 September 2026
- Checked on
- 18 October 2026
Turnover above which the Modified Taxation Scheme applies
- Current value
- GH₵20,000
- From
- 1 September 2026
- Checked on
- 18 October 2026
Maximum turnover under the Modified Taxation Scheme
- Current value
- GH₵750,000
- From
- 1 September 2026
- Checked on
- 18 October 2026
National Daily Minimum Wage
- Current value
- GH₵21.77
- From
- 1 January 2026
- Checked on
- 18 October 2026
Months of contribution for the minimum pension right
- Current value
- 180 months
- From
- 18 October 2026
- Source
- SSNITOld Age Benefit
- Checked on
- 18 October 2026
Minimum pension right
- Current value
- 37.5%
- From
- 18 October 2026
- Source
- SSNITOld Age Benefit
- Checked on
- 18 October 2026
Maximum pension right
- Current value
- 60%
- From
- 18 October 2026
- Source
- SSNITOld Age Benefit
- Checked on
- 18 October 2026
Pension right added for each additional year of contribution
- Current value
- 1.125%
- From
- 18 October 2026
- Source
- SSNITOld Age Benefit
- Checked on
- 18 October 2026
Age for a full old age pension
- Current value
- 60 years
- From
- 18 October 2026
- Source
- SSNITOld Age Benefit
- Checked on
- 18 October 2026
Values that update automatically
Bank of Ghana interbank mid rate, cedis per US dollar
- Current value
- GH₵11.71
- Latest figure
- 12 November 2026
Bank of Ghana monetary policy rate
- Current value
- 14%
- Latest figure
- 24 September 2026