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Income Tax (Amendment) No. 2 Act, 2018 🇬🇭

Coat of Arms

Republic of Ghana

The nine hundred and seventy-ninth

Act

of the parliament of the republic of ghana

entitled

Income Tax (Amendment) No. 2 Act, 2018

Published by Government Gazette on 31 December 2018
Assented to on 28 December 2018
There are multiple commencements:
Unknown provisions commenced on 31 December 2018.

AN ACT to amend the First Schedule to the Income Tax Act, 2015 (Act 896) and to provide for related matters.

First Schedule to Act 896 amendedThe 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

No	CHARGEABLE INCOME	RATE OF TAX
1.	FIRST GH₵ 3, 456	NIL
2.	NEXT GH₵ 1, 200	5 percent
3.	NEXT GH₵ 1, 680	10 percent
4.	NEXT GH₵ 36, 000	17.5 percent
5.	NEXT GH₵ 197, 664	25 percent
6.	Exceeding GH₵ 240, 000	30 percent

(b)the substitution for paragraph 8(1) (c) (ix), of

"(ix) in the case of goods, works or services referred to in section 116(10), twenty percent.".

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