2016 Tax Facts and Figures

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2016 Tax Facts and Figures

This publication provides a general description of our tax system that will guide you to effectively proceed with your tax planning in a timely manner.

On 1 January 2016, Ghana replaced its 15-year-old Internal Revenue Act with the Income Tax Act, 2015 (Act 896).  

Before then, many tax changes had been made and they continue to be made. The new Income Tax Act (Act 896) has already witnessed two amendments  between September 2015, when it was first enacted by Parliament, and February 2015, a month after it came into force.