The Income Tax (Amendment) Act 2019 - Act 1007 of the Republic of Ghana confirms the tax changes mentioned in the budget speech last year.

Click here to view Act 1007.

Annual Tax Table – First Schedule

Personal Reliefs – Fifth Schedule

The limits for some of the personal reliefs have increased as follows:

• Marriage or responsibility relief – Increased from GHC200 to GHC1 200.
• Old age relief - Increased from GHC200 to GHC1 500.
• Child education relief - Increased from GHC200 to GHC600.
• Aged dependent relative relief - Increased from GHC100 to GHC1 000
• Training and self-improvement - Increased from GHC400 to GHC2 000

All these changes are effective 1 January 2020.

How to download the 2020 Tax File for Ghana:

• Click here to access the downloads page
• Click on the Africa tab
• Select to download the Ghana Tax Table (2020) for Sage VIP/Sage 200c VIP 5.3a/b (Jan 2020)
• 
• Access the file Ghana_202001.zip to view additional notes related to the tax tables

How to install the tax table files:

• Make a Full System backup
• Extract the downloaded file to the system folder overwriting the existing files
• Access the system
• Access the Ghana company in January 2020 to apply the new tax tables.

Did you received the error message ""No Tax Tables exist for the specific tax year"? The tax file will resolve the issue, when installed in December 2019. (the system will only apply the new tax tables in January 2020)