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WebIncome tax rates 2015/16 (2014/15) Income band (£) Dividends (%) Other savings income (%) Up to 31,785 (up to 31,865)10 20 31,786 – 150,000 (31,866 – 150,000)32.5 40 Over 150,000 (over 150,000)37.5 45 Income band (£) Other income (%) Cumulative tax (£) Up to 31,785 (up to 31,865)Basic rate: 20 6,357 (6,373) WebINDIVIDUAL INCOME TAX RETURN FOR 2015 Approved by the Board of Inland Revenue under Section 76 of the Income Tax Act, Chap. 75:01 and the Finance Act, No. 14 of 1987. ... 25 CHARGEABLE INCOME (LINE 16 MINUS LINE 24) 26 TAX ON CHARGEABLE INCOME (25% OF LINE 25) 27 Total Tax Credits and Double Taxation Relief (See Instructions 18 & … WebThe Government of Ghana introduced the Income Tax Act, 2015 (Act 896), to provide for the imposition of income tax and for related purposes. This represents an abridged version of Act 896. Imposition of income tax A person is liable to pay income tax on that person’s chargeable income or on final withholding fish oil cvs