Republic of Ghana
The nine hundred and seventy-third
Act
of the parliament of the republic of ghana
entitled
Income Tax (Amendment) Act, 2018
- Published by Government Gazette on 1 August 2018
- Assented to on 31 July 2018
- Commenced on 1 August 2018
1. First Schedule of Act 896 amended
The Income Tax Act, 2015 (Act 896) is amended in the First Schedule by(a)the substitution for the table in subparagraph (1) of paragraph 1, of | CHARGEABLE INCOME | RATE OF TAX |
---|---|---|
1. | FIRST GH₵ 3,132 | NIL |
2. | NEXT GH₵ 840 | 5 percent |
3. | NEXT GH₵ 1,200 | 10 percent |
4. | NEXT GH₵ 33, 720 | 17.5 percent |
5. | NEXT GH₵ 81, 108 | 25 percent |
6. | Exceeding GH₵ 120, 000 | 35 percent |