What are payroll taxes in Ghana?

Corporate Tax: This is the tax paid by companies on their profits in the year. The tax rate is 25%. Mining and upstream petroleum companies pay corporate tax at a rate of 35%, while companies principally engaged in the hotel industry pay a reduced rate of 22%. The CIT rate for companies engaged in non-traditional export is 8%, while bank lending to the agricultural and leasing sectors pay a CIT rate of 20% on income from those business.

Subscribe to blog post updates