GH · AfricaIM · Europe

Ghana vs Isle of Man: tax rates compared

Ghana's income tax rate is 14pp higher than Isle of Man's (35% vs 21%). The 200-country average is 28%: Ghana sits above it, Isle of Man sits below it.

Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income21%35%Corporate0%25%VAT15%20%Capital Gains0%15%Wealth Tax0%
five shared taxes, side by side
Tax GH IMDifference
Income Tax35%21%GH +14 pp
Corporate Tax25%0%GH +25 pplargest gap
VAT15%20%IM +5 pp
Capital Gains Tax15%0%GH +15 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Ghana35%Source: PwC Worldwide Tax Summaries — Ghana, Individual - Taxes on personal income · as of 2026-03-11
Isle of Man21%Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Taxes on personal income) · as of 2026-02-06
Difference+14 ppGhana higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Ghana25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Isle of Man0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+25 ppGhana higher

Ghana's corporate tax rate is 25pp higher than Isle of Man's (25% vs 0%). The 201-country average is 22.6%: Ghana sits above it, Isle of Man sits below it.

VAT

VAT, side by side
CountryRateSource
Ghana15%Source: Ghana Revenue Authority — VAT · as of 2026-01-01
Isle of Man20%Source: PWC Worldwide Tax Summaries — Isle of Man (Corporate, Other taxes) · as of 2026-02-06
Difference−5 ppIsle of Man higher

Isle of Man's VAT rate is 5pp higher than Ghana's (20% vs 15%). The 181-country average is 15%: Ghana matches the world average, Isle of Man sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Ghana15%Source: Ghana Revenue Authority — Capital Gains Tax · as of 2026-07-19
Isle of Man0%Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Income determination) · as of 2026-02-06
Difference+15 ppGhana higher

Ghana's capital gains tax rate is 15pp higher than Isle of Man's (15% vs 0%). The 175-country average is 10.3%: Ghana sits above it, Isle of Man sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Ghana0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-11
Isle of Man0%Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Other taxes) · as of 2026-02-06
Difference0 ppdisplayed rates match

Ghana's wealth tax rate is identical to Isle of Man's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.