GHANA
Capital:
Accra
Currency:
Ghanaian Cedis (GH¢)
Time Zone:
UTC+0
Coat of Arms:
Freedom and Justice

Ghana Employment Income Tax Calculator | Ghana PAYE Calculator 2024

Last Reviewed: 12-August-2024
SEE ALSO:  Nigeria PAYE Calculator  |  Kenya PAYE Calculator  |  Loan Calculator  
VIDEO:    How to use tax calculator
GH¢
GH¢
GH¢
GH¢
GH¢
GH¢
GH¢
GH¢
GH¢
GH¢
  Red * indicates required input.
Datamass Ghana Limited
Payslip for SEPTEMBER 2024
Felix ADEJIMI
PAY ITEMS GH¢ GH¢
Total Pay 75,022.93
Less:
Social Security (SSNIT) 4,126.26
PAYE Tax 20,896.67
Total Deductions                     ( 25,022.93 )
Take-Home Pay 50,000.00
Fifty Thousand Ghanaian Cedis Only
Chargeable Income (GH¢): 70,896.67
Effective Tax Rate (%): 27.8537 %
Average Tax Rate (%): 29.4748 %

Ghana PAYE Tax Calculator

Ghana PAYE tax is tax amount deducted from salaries of employees by employers on behalf of the government of Ghana. The tax amount deducted is remited to Ghana Revenue Authority (GRA) before 15th day of the following month. Tax is charged on all income be it cash or kind. The higher the earnings the higher the tax amount deducted. Hence it is termed PAYE - Paye As You Earned.

2024 GHANA PAYE TAX RATES
S/N MONTHLY BAND (GHS) ANNUAL BAND (GHS) TAX RATE (%)
1 First 490 First 5,880 0%
2 Next 110 Next 1,320 5%
3 Next 130 Next 1,560 10%
4 Next 3,166.67 Next 38,000 17.5%
5 Next 16,000 Next 192,000 25%
6 Next 30,520 Next 366,240 30%
7 Above 50,000 Above 600,000 35%
5.5% Social Security & National Insurance Trust (SSNIT) by employee.
Provident Fund up to 16.5%
5% WHT deduction from casual worker's payment.