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Ghana vs Madagascar
Tax Rate Comparison

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

πŸ‡¬πŸ‡­ Ghana
vs
πŸ‡²πŸ‡¬ Madagascar
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
0–20%
20% top; climate adaptation and cyclone resilience priority
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
15%
15% VAT + levies; structure under review
No change
20%
20% TVA maintained
No change
Corporate Tax Rate
Corporate Tax Rate
25%
25% standard; Pillar Two discussions
No change
20%
20% IBS; mineral royalties growing
No change
Capital Gains Tax
Capital Gains Tax
25%
25% maintained
No change
20%
20% as income
No change
Social Security & Payroll
Social Security / Payroll
~28%
SSNIT reform for long-term sustainability
No change
~19%
CNaPS reform; coverage 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‡²πŸ‡¬ Madagascar β€” Region & Commune Taxes

Madagascar's 6 provinces, 22 regions, and 1,695 communes levy Taxe Foncière sur les Terrains (TFT), Taxe Foncière sur les Propriétés BÒties (TFPB), and Taxe Professionnelle (TP — business licence). The Direction Générale des Impôts (DGI) administers national taxes. Madagascar is highly dependent on vanilla (world's largest producer), cloves, seafood exports, and mining (ilmenite, cobalt via Ambatovy). It's among the world's poorest countries. Cyclones regularly disrupt the economy and infrastructure.

⚠️ 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 Madagascar: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡¬πŸ‡­ Ghana has a higher top income tax rate (0–35% vs 0–20%). πŸ‡²πŸ‡¬ Madagascar is more favourable for high earners.

πŸ›’ VAT/Sales Tax: Madagascar has a higher consumption tax (15% vs 20%).

🏒 Corporate Tax: πŸ‡²πŸ‡¬ Madagascar offers a lower corporate rate (20% vs 25%), which can influence business location decisions.

πŸ“ˆ Capital Gains: πŸ‡²πŸ‡¬ Madagascar taxes investment gains at a lower rate (20% vs 25%), benefiting investors.

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