Calculate GRA Withholding Tax on dividends, interest, rent, royalties, management fees, and other payments for residents and non-residents.
| Payment Type | Resident | Non-Resident |
|---|---|---|
| Dividends | 8% | 8% |
| Interest | 8% | 8% |
| Royalties / Natural Resources | 15% | 15% |
| Management / Technical Fees | 15% | 20% |
| Rent | 8% | 15% |
| Supply of Goods | 3% | 20% |
| Supply of Services | 7.5% | 20% |
| Insurance Premium | 5% | 5% |
Ghana's Withholding Tax system is administered by the Ghana Revenue Authority (GRA) under the Income Tax Act 2015 (Act 896). It applies to various payment types and serves as an advance collection mechanism for income tax. The rates vary depending on the type of payment and whether the recipient is a Ghana resident or non-resident.
For residents, WHT acts as an advance payment creditable against annual income tax. For non-residents without a Ghanaian permanent establishment, it's typically the final tax. Key rates include 8% on dividends and interest, 15% on royalties, and 3-7.5% on supply of goods and services. Non-resident rates are generally higher, particularly for management fees (20%) and services (20%).
Ghana has DTAs with several countries including the UK, France, Germany, South Africa, and Italy. These treaties may reduce WHT rates for non-residents. To benefit from treaty rates, the non-resident must provide a tax residency certificate from their home country.
The WHT rate on dividends is 8% for both residents and non-residents. This is one of the lower dividend WHT rates in Africa. DTAs may further reduce this rate for treaty country residents.
WHT must be remitted to GRA within 15 days after the end of the month in which the payment was made. Late remittance attracts penalties and interest under the Revenue Administration Act.