Mastering Payroll Processing in Ghana: 2024 Edition
 
Processing payroll in Ghana requires a strong understanding of tax regulations, statutory deductions, and labor laws to ensure accurate and compliant payroll management. Mastering Payroll Processing in Ghana: 2024 Edition is a must-have resource for HR professionals, payroll managers, and business owners looking for a step-by-step guide to efficiently handling payroll in Ghana.
 
Whether managing payroll for local employees or expatriates, this guide provides clear explanations, calculations, and compliance strategies to help businesses avoid penalties and streamline their payroll operations.
 
Key Highlights:
 
Payroll Fundamentals in Ghana: Get familiar with PAYE (Pay-As-You-Earn) tax, Social Security and National Insurance Trust (SSNIT) contributions, and key compliance requirements under the Labour Act, 2003 (Act 651) and Income Tax Act, 2015 (Act 896).
Gross-to-Net Payroll Calculations: Learn how to accurately calculate salaries, deductions, and net pay, incorporating progressive tax rates, SSNIT contributions, and tax reliefs.
Tax and Payroll Compliance: Stay updated with Ghana Revenue Authority (GRA) tax brackets, personal tax relief options, and mandatory payroll deductions to ensure compliance and avoid penalties.
Payroll for Expatriates in Ghana: Understand the tax implications for foreign employees, double taxation agreements (DTAs), and statutory requirements for expatriates working in Ghana.
Best Practices for Payroll Management: Implement efficient payroll systems, automate statutory deductions, and establish internal audit procedures for payroll accuracy.
Avoid Common Payroll Mistakes: Prevent misclassified allowances, incorrect SSNIT calculations, and late remittances that could result in financial penalties.
Test Your Knowledge – Interactive Exam!: Assess your payroll expertise with an interactive knowledge test on gross-to-net calculations, tax compliance, and payroll best practices in Ghana.
 
Authored by payroll expert Shawn D. Golden, this eBook is a comprehensive resource for mastering payroll in Ghana. Whether you're handling payroll for a startup, SME, or multinational corporation, Mastering Payroll Processing in Ghana provides you with the knowledge and tools needed for accurate and compliant payroll management in 2024.