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Income Tax Rates (Amendment) Regulations, 2010 🇬🇭

L.I. 1965

Income Tax Rates (Amendment) Regulations, 2010

  • Published in Government Gazette on 12 March 2010
  • Commenced on 9 June 2010
  • [Up to date as at 12 March 2010]
Computation of the Personal Income Tax rates became difficult because of the complexities involved in determining the category of workers entitled to the concessionary tax rates.The proposed amendment is therefore intended to solve the following problems:1. To eliminate the conoplexities in the computation of the Personal Income Tax Rates.2. To grant relief to workers whose salaries might fall within a higher tax bracket due to Increased salary levels over the past four years.3. To make the mimmum wage tax free.HON. DR. KWABENA DUFFUORMinister responsible for FinanceDate: 23rd February, 2010
IN exercise of the powers conferred on the Minister responsible for Finance by Section 114 of the Internal Revenue, Act 2000 (Act 592), these Regulations are made this 23rd day of February, 2010
First Schedule to Act 592 amendedThe First Sched…

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