Ghana Tax Agency Announces Tax Rates for Employee Bonus Payments Under PAYE Regime

Jan. 11, 2022, 5:00 AM UTC

The Ghanaian Revenue Authority Jan. 7 announced tax rates for employee bonus payments under the pay-as-you-earn (PAYE) regime. The announcement includes measures to: 1) set tax rates of between 5 percent and 15 percent for employee bonus payments made in an assessment year; and 2) apply graduated tax rates for bonus payments exceeding the 15 percent tax rate. [Ghana, Ghana Revenue Authority, 01/07/22]

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