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

Tax Calculator | PAYE Calculator | Ghana | 2024

Last Reviewed: 12-August-2024
SEE ALSO:  Nigeria PAYE Calculator  |  Kenya PAYE Calculator  |  Loan Calculator   |  Income Tax Calculator  |  Salary Calculator  
VIDEO:    How to use tax calculator
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Datamass Ghana Limited
Payslip for NOVEMBER 2024
Felix ADEJIMI
PAY ITEMS GH¢ GH¢
Total Pay 50,000.00
Less:
Social Security (SSNIT) 2,750.00
PAYE Tax 12,778.67
Total Deductions                     ( 15,528.67 )
Take-Home Pay 34,471.33
                 
Thirty-Four Thousand Four Hundred and Seventy-One Ghanaian Cedis and Thirty-Three Pesewas Only [= GHS 34,471.33 ]
Chargeable Income (GH¢): 47,250.00
Employer Provident Fund (GH¢): 6,500.00
Effective Tax Rate (%): 25.5573 %
Average Tax Rate (%): 27.0448 %

Ghana PAYE Tax Calculator

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.