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Ghana vs Belize
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

πŸ‡¬πŸ‡­ Ghana
vs
πŸ‡§πŸ‡Ώ Belize
Tax Year:

πŸ’° Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country β€” side by side.

Enter your annual income above to see your personal tax comparison β†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0–35%
35% top; post-debt restructuring fiscal consolidation
No change
0–25%
25% top; fiscal diversification from oil
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
15%
15% VAT + levies; structure under review
No change
12.5%
GST 12.5% maintained
No change
Corporate Tax Rate
Corporate Tax Rate
25%
25% standard; Pillar Two discussions
No change
1.75–19%
Business tax system; Pillar Two reform discussions
No change
Capital Gains Tax
Capital Gains Tax
25%
25% maintained
No change
0%
No CGT
No change
Social Security & Payroll
Social Security / Payroll
~28%
SSNIT reform for long-term sustainability
No change
~8%
SSB reform; social protection expanding
No change
State, Regional & Local Taxes

πŸ‡¬πŸ‡­ Ghana β€” District Assembly Taxes

Ghana's 261 district assemblies levy property rates, basic rates (on adults), entertainment tax, and business operating levies. The Ghana Revenue Authority (GRA) administers national taxes. A key local levy is the Development Levy. Accra Metropolitan Assembly and Kumasi Metropolitan Assembly have the highest property rates. Ghana has faced significant fiscal challenges including a 2023 IMF bailout. An e-levy (1.5% on electronic transfers) was introduced in 2022, controversially, and later modified.

πŸ‡§πŸ‡Ώ Belize β€” Municipal & Town Council Taxes

Belize's 6 districts and municipal/town councils levy property tax, business tax (turnover-based), and trade licences. Belize has a unique business tax system β€” a turnover-based tax (1.75%–19% of gross revenues by sector) instead of a traditional profit-based corporate income tax. Belize is a former British colony using English common law. It's a tourism-dependent economy with growing offshore financial services and a significant Belizean diaspora. The country has been working to exit grey lists and improve tax transparency.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Ghana vs Belize: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡¬πŸ‡­ Ghana has a higher top income tax rate (0–35% vs 0–25%). πŸ‡§πŸ‡Ώ Belize is more favourable for high earners.

πŸ›’ VAT/Sales Tax: Ghana has a higher consumption tax (15% vs 12.5%).

🏒 Corporate Tax: πŸ‡§πŸ‡Ώ Belize offers a lower corporate rate (19% vs 25%), which can influence business location decisions.

πŸ“ˆ Capital Gains: πŸ‡§πŸ‡Ώ Belize taxes investment gains at a lower rate (0% vs 25%), benefiting investors.

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