How to Calculate Income Tax (PAYE) in Excel | 2023
In this video, we'll show you how to calculate the New Ghana PAYE income tax in Excel! We'll use the latest tax rates and brackets to give you a complete and accurate PAYE income tax calculation.
If you're a taxpayer in Ghana, watch this video to find out how to calculate your PAYE income tax in Excel. This information is essential if you're filing your taxes online or if you need to get a copy of your taxes filed in the past. We'll also provide tips on avoiding penalties and fines when filing your taxes!
If you're a business owner in Ghana, be sure to check out our PAYE calculator to get a better idea of your tax liability. This Excel spreadsheet will help you calculate your income tax, social security contributions, maternity benefits, and more!
Formula IF(B2/=365,0,IF(B2/=475,(B2-365)*5%,IF(B2/=605,5.5+(B2-475)*10%,IF(B2/=3605,18.5+(B2-605)*17.5%,IF(B2/=20000,543.5+(B2-3605)*25%,4642.25+(B2-20000)*30%))))))
WHERE / sign is LESS THAN
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