TaxLawGH by MSL Business School
This calculator is maintained as an interactive online resource. Use https://www.taxlawgh.com/ghana-capital-allowance-calculator for the current calculator and calculation workings.
Ghana business-tax schedule
Ghana capital allowance calculator
Calculate capital allowance by statutory asset class, or build a detailed register with opening pools, additions, disposals, repairs, first-year prorating and closing tax written-down values.
Preparing the Ghana Capital Allowance Calculator…
Current calculator08 of 08 · Capital allowance
Ghana payroll calculation
PAYE and take-home pay
Build the result from salary, allowances, bonus, overtime, benefits in kind, statutory SSNIT, personal reliefs and other deductions. Use gross-to-net or solve backwards from a target take-home amount.
| Resident monthly band | Rate | Cumulative upper point |
|---|---|---|
| First GHS 490 | 0% | GHS 490 |
| Next GHS 110 | 5% | GHS 600 |
| Next GHS 130 | 10% | GHS 730 |
| Next GHS 3,166.67 | 17.5% | GHS 3,896.67 |
| Next GHS 16,000 | 25% | GHS 19,896.67 |
| Next GHS 30,520 | 30% | GHS 50,416.67 |
| Balance | 35% | No upper limit |
Technical guides: Ghana PAYE rates and rules · How PAYE is calculated · PAYE filing and payment
Ghana VAT calculation
VAT and statutory levies
Move in either direction between a taxable value and a tax-inclusive invoice. Add CST and Tourism Levy where the transaction legally attracts them.
Technical guides: Ghana VAT rates and rules · VAT invoices · Exempt, zero-rated and relief supplies
Ghana withholding calculation
Income-tax withholding and VAT withholding
Select the recipient and payment category, identify the invoice basis, and separate income-tax WHT from the distinct 7% VAT-withholding mechanism.
Review the complete domestic and treaty rate tables, final/non-final treatment and exclusions.
2026 social-security calculation
SSNIT and Tier 2 contributions
Calculate the employee deduction, employer contribution, SSNIT remittance and Tier 2 allocation from monthly basic salary using the official 2026 minimum and maximum insurable earnings.
Technical guide: Ghana pensions and retirement tax
Act 766 pension calculation
SSNIT old-age pension estimate
Estimate the Tier 1 monthly pension from the average of the member's best three annual salaries, contribution months and retirement age.
2026 Ghana tax calendar
Compliance deadline finder and annual calendar
Find one statutory date or build the complete 2026 tax calendar, including monthly obligations, annual filings, quarterly levies and company-year-end deadlines.
Technical guide: Ghana tax deadlines
Revenue Administration Act calculation
Late-payment interest and late-filing penalty
Calculate statutory late-payment interest with automatic historical Bank of Ghana rates and monthly compounding, or calculate the fixed-plus-daily late-filing penalty.
Technical guide: Ghana tax penalties and interest
Ghana capital allowance calculation
Capital allowance schedule
Use a quick pool calculation or build an advanced asset register with first-year prorating, individual vehicle restrictions, disposals, repairs and CSV import.
| Class or operation | Rate | Method |
|---|---|---|
| Class 1 — computers and data-handling equipment | 40% | Reducing balance |
| Class 2 — vehicles, plant and qualifying machinery | 30% | Reducing balance |
| Class 3 — office equipment, furniture and other assets | 20% | Reducing balance |
| Class 4 — buildings and permanent structures | 10% | Straight line |
| Class 5 — intangible assets | 1 ÷ useful life | Straight line |
| Petroleum and mineral operations | 20% | Specialised straight-line rules |
Technical guide: Ghana capital allowances
Calculation method and legal scope
How this Ghana capital allowance schedule works
The asset classification determines the rate and method. General business Classes 1 to 3 use reducing balance, while Classes 4 and 5 use the applicable straight-line framework.
The advanced register tracks opening values, current additions, disposal consideration, qualifying repairs, first-year timing and closing tax written-down value for each pool or asset.
Petroleum and mineral operations use specialised schedules. Select the business regime before entering values, and classify each asset from its legal characteristics rather than its accounting label alone.
Other TaxLawGH calculators
Income Tax Act, 2015 (Act 896), as amended, including the Third Schedule.
The programmed method follows the selected statutory asset class or specialised operation.
Additions, disposals, repairs, realisation amounts and closing values remain visible by pool.
The calculator cannot determine an asset's legal class from a description alone; the user must select the correct class.
Frequently asked questions
Using the Ghana Capital Allowance Calculator
Which Ghana capital allowance classes are included?
The general business calculator includes Classes 1 to 5 and also provides specialised modes for petroleum and mineral operations.
Which classes use reducing balance?
General business Classes 1, 2 and 3 use reducing balance in the programmed schedule. Classes 4 and 5 use the applicable straight-line framework.
Can the calculator track disposals and repairs?
Yes. The advanced register can identify disposal consideration, assessable realisation amounts, direct repair deductions, capitalised excess and closing written-down values.
Can I carry the schedule into the next basis period?
Yes. After calculating an advanced register, use the roll-forward control to carry eligible closing values into the next period, then review every new-period input.
Does an accounting asset category always equal its tax class?
No. Select the class from the legal characteristics of the asset and the applicable schedule. An accounting label by itself may not determine the tax treatment.