Republic of Ghana
The one thousand and seventh
Act
of the parliament of the republic of ghana
entitled
Income Tax (Amendment) Act, 2019
- Published by Government Gazette on 30 December 2019
- Assented to on 28 December 2019
- Commenced on 30 December 2019
1. First Schedule to Act 896 amended
The Income Tax Act, 2015 (Act 896) referred to in this Act as the "principal enactment" is amended in the First Schedule by the substitution for the table in subparagraph (1) of paragraph 1, ofNo. | Chargeable Income | Rate of Tax |
---|---|---|
1. | First GH 3, 828 | Nil |
2. | Next GH 1, 200 | 5 percent |
3. | Next GH 1, 440 | 10 percent |
4. | Next GH 36, 000 | 17.5 percent |
5. | Next GH 197, 532 | 25 percent |
6. | Exceeding GH 240,000 | 30 percent |