Between January and September 2021, nearly 40 billion Ghanaian cedis (GHS) of total tax revenue - roughly 6.2 billion U.S. dollars - was registered in Ghana. Domestic direct taxes represented the highest source of this revenue, most of which were from companies and employer deductions from employee wages (PAYE). While the contributions from firms amounted to over nine billion GHS - some 1.4 billion U.S. dollars -, the value stood at around seven billion GHS, approximately 1.1 billion U.S. dollars, for PAYE contributions. Overall, domestic direct tax revenue mainly increased in the observed period compared to 2020.
Domestic direct tax revenue in Ghana from 2020 to 2021, by type
(in million Ghanaian cedis)
* Pay as you earn (PAYE) paying income tax payments in which money is taken from an individuals' wages by their employer and paid to the government.
* National fiscal stabilisation levy (NFSL).
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Ghana Revenue Authority. (January 31, 2022). Domestic direct tax revenue in Ghana from 2020 to 2021, by type (in million Ghanaian cedis) [Graph]. In Statista. Retrieved January 06, 2025, from https://www.statista.com/statistics/1290685/domestic-direct-tax-revenue-in-ghana-by-origin/
Ghana Revenue Authority. "Domestic direct tax revenue in Ghana from 2020 to 2021, by type (in million Ghanaian cedis)." Chart. January 31, 2022. Statista. Accessed January 06, 2025. https://www.statista.com/statistics/1290685/domestic-direct-tax-revenue-in-ghana-by-origin/
Ghana Revenue Authority. (2022). Domestic direct tax revenue in Ghana from 2020 to 2021, by type (in million Ghanaian cedis). Statista. Statista Inc.. Accessed: January 06, 2025. https://www.statista.com/statistics/1290685/domestic-direct-tax-revenue-in-ghana-by-origin/
Ghana Revenue Authority. "Domestic Direct Tax Revenue in Ghana from 2020 to 2021, by Type (in Million Ghanaian Cedis)." Statista, Statista Inc., 31 Jan 2022, https://www.statista.com/statistics/1290685/domestic-direct-tax-revenue-in-ghana-by-origin/
Ghana Revenue Authority, Domestic direct tax revenue in Ghana from 2020 to 2021, by type (in million Ghanaian cedis) Statista, https://www.statista.com/statistics/1290685/domestic-direct-tax-revenue-in-ghana-by-origin/ (last visited January 06, 2025)
Domestic direct tax revenue in Ghana from 2020 to 2021, by type (in million Ghanaian cedis) [Graph], Ghana Revenue Authority, January 31, 2022. [Online]. Available: https://www.statista.com/statistics/1290685/domestic-direct-tax-revenue-in-ghana-by-origin/
