Curacao Tax Tables 2019 - Tax Rates and Thresholds in Curacao
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This page contains the tax table information used for the calculation of tax and payroll deductions in Curacao in 2019. These tax tables are used for the tax and payroll calculators published on iCalculator™ CW, these tools are provided for your free use on our website. If you would like additional tax table information added to the tax calculators for Curacao or would like to add to or suggest amendments to the information herein then please contact us.
2019 Tax Tables [Quick Links]
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Curacao Personal Income Tax Tables in 2019
The Income tax rates and personal allowances in Curacao 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 Curacao Tax Calculator 2019.
Curacao Residents Income Tax Tables in 2019
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 9.75% | Income from ANG 0.000.00 | to | ANG 30,643.00 |
| 15% | Income from ANG 30,643.01 | to | ANG 40,858.00 |
| 23% | Income from ANG 40,858.01 | to | ANG 61,287.00 |
| 30% | Income from ANG 61,287.01 | to | ANG 86,823.00 |
| 37.5% | Income from ANG 86,823.01 | to | ANG 127,681.00 |
| 46.5% | Income from ANG 127,681.01 | | and above |
Curacao Non-residents Income Tax Tables in 2019
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 9.75% | Income from ANG 0.000.00 | to | ANG 30,643.00 |
| 15% | Income from ANG 30,643.01 | to | ANG 40,858.00 |
| 23% | Income from ANG 40,858.01 | to | ANG 61,287.00 |
| 30% | Income from ANG 61,287.01 | to | ANG 86,823.00 |
| 37.5% | Income from ANG 86,823.01 | to | ANG 127,681.00 |
| 46.5% | Income from ANG 127,681.01 | | and above |
In Curaçao, social security deductions made by employees are generally deductible when calculating taxable income. This means that contributions towards social security programs, such as pension and health insurance, are subtracted from an individual's gross income for the purpose of determining their taxable income. As a result, these deductions can lower the taxable income of employees, thereby reducing their overall income tax liability. This system aligns with the broader fiscal policy in Curaçao, aiming to provide some relief to taxpayers by recognizing their contributions towards social security in the income tax calculation.
Curacao Social Security and Payroll Deduction Rates in 2019
In Curaçao, the social security system involves contributions from both employees and employers, aimed at funding various social welfare programs. These contributions are mandatory and cover a range of benefits designed to support workers and their families.
Curacao Social Security in 2019: Rates for Employers and Employees| Category | Employee | Employer | Total |
|---|
| Old age (AOV) and surviving dependents (AWW) insurance | 6.5% | 9.5% | 16% |
| Basic health care insurance (BVZ) | 4.3% | 9.3% | 13.6% |
| General insurance for exceptional medical expenses (AVBZ) | 1.5% | 0.5% | 2% |
| Average Accident insurance (OV) | 0% | 2.5% | 2.5% |
| Insurance for loss of income due to illness (ZV) | 0% | 1.9% | 1.9% |
Curacao Social Security and Payroll Deduction in 2019: Earnings Thresholds for Employers and Employees| Category | Employee | Employer |
|---|
| Min. | Max. | Min. | Max. |
|---|
| Old age (AOV) and surviving dependents (AWW) insurance | n/a | n/a | n/a | n/a |
| Basic health care insurance (BVZ) | n/a | n/a | n/a | n/a |
| General insurance for exceptional medical expenses (AVBZ) | n/a | n/a | n/a | n/a |
| Average Accident insurance (OV) | n/a | n/a | n/a | n/a |
| Insurance for loss of income due to illness (ZV) | n/a | n/a | n/a | n/a |
Curacao VAT Rates in 2019
VAT rates for Curacao are reviewed annually, you can use the VAT Calculator to calculate VAT due in Curacao or use the Reverse VAT Calculator to calculate the net cost of goods/services after deducting VAT.
Curacao VAT Rates| VAT Rate | VAT Description |
|---|
| 5% | Standard Turnover Rate |
Historic Tax Tables supported for Curacao
The following tax tables are supported by iCalculator™ CW as part of the suite of free tax tools we provide for Curacao.