Income Tax Rates (Amendment)(No. 2) Regulations, 2007 🇬🇭

Ghana Repealed: 2015-03-25

Repeal Notice

This legislation was repealed on 2015-03-25 by Income Tax Act, 2015

L.I. 1830

Income Tax Rates (Amendment)(No. 2) Regulations, 2007

Published in Government Gazette on 23 February 2007
Assented to on 23 February 2007
Commenced on 6 June 2007
[This is the version of this document from 23 February 2007.]

[Repealed on 25 March 2015 by Income Tax Act, 2015 (Act 896 of 2015)]

IN exercise of the powers conferred on the Minister responsible for Finance by Section 114 of the Internal Revenue Act 2000 (Act 592), these Regulations are made this 23rd day of February.

1. First Schedule to Act 592 amended

The First Schedule to the Internal Revenue Act 2000 (Act 592), as amended is further amended

(a)by the substitution for paragraph (1) of Part 1 of the following new paragraph

"1. The income tax rates applicable to resident individuals are:

CHARGEABLE INCOME	RATE OF TAX
First ¢2,400,000.00	Nil
Next ¢2,400,000.00	5%
Next ¢12,000,000.00	10%
Next ¢79,200,000.00	17.5%
Next ¢96,000.000.00	25%

(b)by the insertion after paragraph 1 of Part l of the following new paragraph:

"1A. The income tax rat…

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