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CRS News Flash 18 February 2020 – GHANA – Tax Changes

FEBRUARY 2020 – GHANA CHANGES  TO TAX RATES It is important that employers note the following: New tax rates, effective 1 January 2020 Following the 2020 Budget speech delivered in November 2019, the proposed personal income tax bands for resident individuals have been revised by the Income Tax (Amendment) Act, 2019 (Act 1007). The personal...

News Flash 14 March 2019 – GHANA – Changes to Tax Rates

Revision of the Tax Rates An additional Personal Income Tax band of 35% for monthly income in excess of GHS10,000 was introduced during the Mid-year Budget Statement and came into effect 01 August 2018. Following feedback from the public after the implementation of the new tax band, Government concluded that some relief from this tax measure...

2024/2025 Tax Guide

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