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Ghana vs Trinidad and Tobago
Tax Rate Comparison

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

πŸ‡¬πŸ‡­ Ghana
vs
πŸ‡ΉπŸ‡Ή Trinidad and Tobago
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
25–30%
30% top; energy transition planning
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
15%
15% VAT + levies; structure under review
No change
12.5%
12.5% maintained
No change
Corporate Tax Rate
Corporate Tax Rate
25%
25% standard; Pillar Two discussions
No change
25–35%
CIT stable; LNG sector key
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
~13.2%
NIS reform ongoing
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‡ΉπŸ‡Ή Trinidad and Tobago β€” Municipal & Regional Corporations

Trinidad and Tobago's 14 regional/municipal corporations (including Port of Spain City Corporation) levy property taxes and business licence fees. T&T is a significant energy producer in the Caribbean β€” natural gas and oil revenues are major fiscal pillars. The country uses a Business Levy (0.6% of gross sales as minimum tax) and a Green Fund Levy (0.3%). T&T has the highest per-capita income in the Caribbean and a well-developed financial services sector.

⚠️ 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 Trinidad and Tobago: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡¬πŸ‡­ Ghana has a higher top income tax rate (0–35% vs 25–30%). πŸ‡ΉπŸ‡Ή Trinidad and Tobago is more favourable for high earners.

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

🏒 Corporate Tax: πŸ‡¬πŸ‡­ Ghana offers a lower corporate rate (25% vs 35%), which can influence business location decisions.

πŸ“ˆ Capital Gains: πŸ‡ΉπŸ‡Ή Trinidad and Tobago taxes investment gains at a lower rate (0% vs 25%), benefiting investors.

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