The new Tax File for Ghana which include the Social Security and National Insurance Trust (SSNIT) changes effective January 2023, is now available on the Software Downloads page.
We area aware of the proposed tax changes in the Ghana Income Tax Bill, awaiting promulgation (only expected toward end of January 2023 - and change on the tax tables will be release once the change have been incorporated in their final legislation.
The following SSNIT change has been published in a Public Notice dated 11 January 2023:
- The maximum insurable earnings for 2023 increased from GHS 35 000 to GHS 42 000, effective January 2023
- The minimum insurable earnings have also been adjusted, in line with the new national daily minimum wage, from GHS 365.33 to GHS 401.76
- The maximum contribution: GHS 5 670.00
- The minimum contribution: GHS 54.24
Before installing the new tax file, take note of the following:
- Your payroll software must be on Release 5.9a
- Your payroll company should be in a new pay period before installing the new tax tables
- Always make a Full System Backup before installing new tax files to your system folder
How to download the tax file from the Software Downloads page:
Click here to access the Software Downloads page and follow the instructions below:
- Select the Africa tab
- Click here to download the installation instructions
- Click on the Download button next to Ghana SSNIT changes for Premier: R59a (January 2023)
- Follow the installation instructions to complete the installation
- Ensure to do a General Recalculation when accessing your company, prior to finalising your payroll.