Updates
What changed in the official data for Ghana, the day it changed
Every new figure that reaches the calculators is logged here: what changed, when it takes effect and where it came from.
- Latest change
- Source review
- Every day
- Sources we follow
- GRA, SSNIT, Fair Wages and Salaries Commission and 1 more
How it stays current
An agency publishes
A regulation, an index or an exchange rate comes out in the official source.
Checked before use
Indexes and exchange rates arrive automatically, with range checks. Rules are loaded with the official document in hand.
The calculators update
The calculators switch to the new figure, and the change is logged here with its source.
Change log
Follow via RSS- Automatic
Bank of Ghana interbank mid rate, cedis per US dollarGH₵11.71
Used byDollar to cedi converter
- Rule
Modified Taxation Scheme now covers turnover up to GH₵750,000
From 1 September 2026, individuals with a yearly business turnover above GH₵20,000 and up to GH₵750,000 pay a presumptive tax of 3% of turnover.
- Rule
New income tax bands from 1 September 2026
The Income Tax (Amendment) Act, 2026 (Act 1178) changed the bands for resident individuals. The first GH₵7,056 of chargeable income a year is now tax-free. Our PAYE and take-home pay calculators already use the new bands.
- Rule
VAT reform: COVID-19 levy removed, levies on the same base
Since 1 January 2026, VAT of 15%, NHIL of 2.5% and GETFund Levy of 2.5% are all charged on the same value, and the 1% COVID-19 Health Recovery Levy is gone. Our VAT calculator uses the new method.
Used byVAT calculator Ghana
- New figure
Bonus taxed at the flat rate, as a share of annual basic salary15%
Used byBonus tax calculator Ghana
- New figure
Overtime limit for the lower rate, as a share of monthly basic salary50%
- New figure
Qualifying employment income limit for the overtime rateGH₵18,000
- New figure
Months of contribution for the minimum pension right180 months
Used bySSNIT pension calculator
- New figure
Pension right added for each additional year of contribution1.125%
Used bySSNIT pension calculator
- New figure
Maximum provident fund contribution deductible for PAYE (share of basic salary)16.5%
- New figure
SSNIT contribution deducted from the worker5.5%
Used bySSNIT contribution calculatorTake-home pay calculator Ghana
- New figure
SSNIT contribution added by the employer13%
Used byEmployer cost calculator GhanaSSNIT contribution calculator
- New figure
Part of the total contribution remitted to SSNIT (Tier 1)13.5%
- Review
We checked 3 figures against the official source
The values in force were confirmed with Fair Wages and Salaries Commission and GRA.
See the 3 figures
- National Daily Minimum WageGH₵21.77In force from 1 January 2026 · Fair Wages and Salaries Commission
- VAT and levies on the value of a supply (since 1 January 2026)3 valuesIn force from 1 January 2026 · GRA
- VAT registration threshold for businesses dealing in goodsGH₵750,000In force from 1 January 2026 · GRA
- Automatic
Bank of Ghana monetary policy rate14%
- New figure
Turnover above which the Modified Taxation Scheme appliesGH₵20,000
- New figure
Presumptive tax under the Modified Taxation Scheme3%
- New figure
Maximum turnover under the Modified Taxation SchemeGH₵750,000
- New figure
Annual income tax bands for resident individualstable with 7 brackets
Used byBonus tax calculator GhanaPAYE calculator GhanaTake-home pay calculator Ghana