The Income tax rates and personal allowances in Eritrea 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 Eritrea Tax Calculator 2020.
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 2% | Flat rate on all taxable income | ||
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 2% | Flat rate on all taxable income | ||
Taxes, including personal income tax, expenses and limitations are reviewed by the Government in Eritrea periodically and typically updated each year. Not that not all tax rates and thresholds in Eritrea change annually, alterations to tax policy to support strategic economic growth in Eritrea mean that the certain areas may be focused on to provide specific tax relief in Eritrea or support growth in certain areas (overseas invstment in Eritrea for example may mean reduced non-resident income tax rates in Eritrea for a period).
When tax policy in Eritrea changes, the resultant tax tables also change. Tax tables in Eritrea are simply a list of the relevent tax rates, fixed amounts and / or threholds used in the computation of tax in Eritrea, the Eritrea 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 Eritrea for example).
Eritrea Tax Tables may also be referred to as Eritrea Tax Slabs, Eritrea personal allowances and tax thresholds or Eritrea 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 Eritrea Salary Calculator. This means that if you are aware of a 2020 tax exemption or 2020 tax allowance in Eritrea that you are entitled too BUT it isn't listed here, that we don't allow for it in this version of the Eritrea Salary Calculator. This is simply because we updated our tax calculators based on user feedback, we tailor the Eritrea Salary Calculator to suit our users needs. Our aim is to keep tax calculations in Eritrea simple, we achieve this my making the Eritrea 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 Eritrea income tax rates and personal allowances used in the associated income tax calculator for the same tax year.