Lawaaba Guo is a Ghanaian born in Nigeria and has lived all his life there. He got an opportunity to relocate to Ghana and took up an appointment as a lecturer in one of the prestigious universities within the first three months of his arrival in Ghana in 2018.

He took up employment with ABB Ltd as a procurement officer. The following relates to his employment details for 2020 year of assessment:

• Salary: GH¢200,000
• Commission from employers: GH¢10,000
• Interest on savings from a Bank in Ghana (Gross): GH¢1,000

His investment income and other returns received from Nigeria are as follows:

• Dividend of US$ 12,000 net of tax. Tax of US$ 1,000 was paid.
• Rental Income of USD 6,000 gross with tax at the rate of 10%.
• On-line consultancy fee USD 20,000 net of tax. Tax of USD1,500 was paid.

Additional information:

• He is married.
• Children (2): both schooling in Nigeria.
• Contributes to Social Security at 5.5%.
• Exchange Rate USD1 = GH¢5.2.

Required:
Determine the following:
i) Chargeable Income
ii) Tax Payable
iii) Amount of foreign credit relief granted