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Ghana Introduces Modified Taxation System for Individual Business Income

|Approved Changes|Ghana
Ghana

Ghana has introduced a modified taxation system for individuals living and operating businesses in Ghana effective 1 July 2025. The system is available for resident individuals who exclusively earn income from business in Ghana, and includes three approaches:

  • Fixed tax amounts based on turnover:
    • GHS 15,001 to 20,000 - GHS 45.00
    • GHS 10,001 to 15,000 - GHS 35.00
    • GHS 5,881 to 10,000 - GHS 25.00

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