The Income tax rates and personal allowances in Burkina Faso are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the Burkina Faso Tax Calculator 2020.
VAT (Value Added Tax) applies to businesses at a standard rate of 18% and can be calculated online using the Burkina Faso VAT Calculator, the calculator also contains information relating to VAT law and VAT exemptions in Burkina Faso.
| VAT Rate | VAT Description |
|---|---|
| 0% | Zero Rated |
| 18% | Standard Rate |
| Tax Rate | Payable by: |
|---|---|
| 5.5% | Employee |
| 16% | Employer |
Note that employers also pay an additional 3% payroll tax based on the employee salary.
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 0% | Income from ₣ 0.000.00 | to | ₣ 360,000.00 |
| 12.1% | Income from ₣ 360,000.01 | to | ₣ 600,000.00 |
| 13.9% | Income from ₣ 600,000.01 | to | ₣ 9,600,000.00 |
| 15.7% | Income from ₣ 9,600,000.01 | to | ₣ 1,440,000.00 |
| 18.4% | Income from ₣ 1,440,000.01 | to | ₣ 2,040,000.00 |
| 21.7% | Income from ₣ 2,040,000.01 | to | ₣ 3,000,000.00 |
| 25% | Income from ₣ 3,000,000.01 | and above | |
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 10% | Income from ₣ 0.000.00 | to | ₣ 6,000,000.00 |
| 20% | Income from ₣ 6,000,000.01 | to | ₣ 12,000,000.00 |
| 27.5% | Income from ₣ 12,000,000.01 | and above | |
Taxes, including personal income tax, expenses and limitations are reviewed by the Government in Burkina Faso periodically and typically updated each year. Not that not all tax rates and thresholds in Burkina Faso change annually, alterations to tax policy to support strategic economic growth in Burkina Faso mean that the certain areas may be focused on to provide specific tax relief in Burkina Faso or support growth in certain areas (overseas invstment in Burkina Faso for example may mean reduced non-resident income tax rates in Burkina Faso for a period).
When tax policy in Burkina Faso changes, the resultant tax tables also change. Tax tables in Burkina Faso are simply a list of the relevent tax rates, fixed amounts and / or threholds used in the computation of tax in Burkina Faso, the Burkina Faso tax tables also include specific notes and guidance on the validity of scenarios (for example, qualifying criterea for specific tax relief / allowances) and notes of the calculation of phaseout of specific tax elements within each taxation group (dividends and corporation tax thresholds in Burkina Faso for example).
Burkina Faso Tax Tables may also be referred to as Burkina Faso Tax Slabs, Burkina Faso personal allowances and tax thresholds or Burkina Faso business tax rates. They all refer to the tax tables, whether in whole or as specific sections/categories of the tax tables therein. In the section, we publish all 2020 tax rates and thresholds used within the 2020 Burkina Faso Salary Calculator. This means that if you are aware of a 2020 tax exemption or 2020 tax allowance in Burkina Faso that you are entitled too BUT it isn't listed here, that we don't allow for it in this version of the Burkina Faso Salary Calculator. This is simply because we updated our tax calculators based on user feedback, we tailor the Burkina Faso Salary Calculator to suit our users needs. Our aim is to keep tax calculations in Burkina Faso simple, we achieve this my making the Burkina Faso tax calculators relevent to our community's needs, this includes you. So, if you would like a new 2020 tax rates, allowance or threshold adding (or perhaps updating), or if you notice an error in our 2020 tax calculations, simply contact us and we will adjust the tool.
Choose a specific income tax year to see the Burkina Faso income tax rates and personal allowances used in the associated income tax calculator for the same tax year.