VAT Calculator

Calculate Ghana VAT with GETFund, NHIL, and COVID-19 levies

VAT Calculation Inputs

Applicable Levies
GETFund Levy 2.5%
NHIL 2.5%
COVID-19 Levy 1%
Gross Amount
GHS 0.00
Net Amount
GHS 0.00
Total Tax
GHS 0.00
Effective Tax Rate 0%
Percentage of net amount paid in taxes and levies
Net Amount GHS 0.00
GETFund Levy 2.5% + GHS 0.00
NHIL 2.5% + GHS 0.00
COVID-19 Levy 1% + GHS 0.00
VAT 15% + GHS 0.00
Gross Amount 21.9% GHS 0.00
Calculation Breakdown
Component Rate Amount
Net Amount - GHS 0.00
GETFund Levy 2.5% GHS 0.00
NHIL 2.5% GHS 0.00
COVID-19 Levy 1% GHS 0.00
VAT Base - GHS 0.00
VAT 15% GHS 0.00
Gross Amount 21.9% GHS 0.00

Understanding Ghana VAT

Ghana's Value Added Tax (VAT) system includes multiple components that together create the total tax burden on goods and services. For businesses on the Standard Rate scheme, the effective rate is approximately 21.9%.

Standard Rate Components

  1. GETFund Levy (2.5%) Funds the Ghana Education Trust Fund for educational development
  2. NHIL (2.5%) National Health Insurance Levy supports healthcare funding
  3. COVID-19 Health Recovery Levy (1%) Introduced in 2021 to support health infrastructure
  4. VAT (15%) Applied to the net amount plus all levies above

How the Rate Compounds

The effective rate of approximately 21.9% results from VAT being calculated on the levy-inclusive amount. For example, on a GHS 100 net amount: levies total GHS 6, making the VAT base GHS 106, and 15% VAT on GHS 106 equals GHS 15.90.

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