📊 Tax Penalty Calculator (Ghana)
⚠️ Based on GRA guidelines: GHS 500 fixed penalty + percentage interest depending on tax type.
Tax Penalty Calculator – Tax Penalties in Ghana
Late filing or late payment of taxes in Ghana can lead to heavy penalties under GRA rules. For example:
- Corporate Income Tax & PAYE: GH₵500 + 5% of the tax due
- VAT: GH₵500 + 3% of the tax due for each month late
Inputs:
- Type of tax (Corporate Income Tax, VAT, PAYE)
- Amount due
- Days/months late
💡 Why it matters: Businesses that underestimate tax pe