The Income tax rates and personal allowances in Gibraltar 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 Gibraltar Tax Calculator 2022.
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 14% | Income from $ 0.000.00 | to | $ 4,000.00 |
| 17% | Income from $ 4,000.01 | to | $ 16,000.00 |
| 39% | Income from $ 16,000.01 | and above | |
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 14% | Income from $ 0.000.00 | to | $ 4,000.00 |
| 17% | Income from $ 4,000.01 | to | $ 16,000.00 |
| 39% | Income from $ 16,000.01 | and above | |
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 6% | Income from $ 0.000.00 | to | $ 10,000.00 |
| 20% | Income from $ 10,000.01 | to | $ 17,000.00 |
| 28% | Income from $ 17,000.01 | and above | |
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 6% | Income from $ 0.000.00 | to | $ 10,000.00 |
| 20% | Income from $ 10,000.01 | to | $ 17,000.00 |
| 28% | Income from $ 17,000.01 | and above | |
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 16% | Income from $ 0.000.00 | to | $ 17,000.00 |
| 19% | Income from $ 17,000.01 | to | $ 25,000.00 |
| 25% | Income from $ 25,000.01 | to | $ 40,000.00 |
| 28% | Income from $ 40,000.01 | to | $ 105,000.00 |
| 25% | Income from $ 105,000.01 | to | $ 500,000.00 |
| 18% | Income from $ 500,000.01 | to | $ 700,000.00 |
| 5% | Income from $ 700,000.01 | and above | |
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 16% | Income from $ 0.000.00 | to | $ 17,000.00 |
| 19% | Income from $ 17,000.01 | to | $ 25,000.00 |
| 25% | Income from $ 25,000.01 | to | $ 40,000.00 |
| 28% | Income from $ 40,000.01 | to | $ 105,000.00 |
| 25% | Income from $ 105,000.01 | to | $ 500,000.00 |
| 18% | Income from $ 500,000.01 | to | $ 700,000.00 |
| 5% | Income from $ 700,000.01 | and above | |
Taxes, including personal income tax, expenses and limitations are reviewed by the Government in Gibraltar periodically and typically updated each year. Not that not all tax rates and thresholds in Gibraltar change annually, alterations to tax policy to support strategic economic growth in Gibraltar mean that the certain areas may be focused on to provide specific tax relief in Gibraltar or support growth in certain areas (overseas invstment in Gibraltar for example may mean reduced non-resident income tax rates in Gibraltar for a period).
When tax policy in Gibraltar changes, the resultant tax tables also change. Tax tables in Gibraltar are simply a list of the relevent tax rates, fixed amounts and / or threholds used in the computation of tax in Gibraltar, the Gibraltar 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 Gibraltar for example).
Gibraltar Tax Tables may also be referred to as Gibraltar Tax Slabs, Gibraltar personal allowances and tax thresholds or Gibraltar 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 2022 tax rates and thresholds used within the 2022 Gibraltar Salary Calculator. This means that if you are aware of a 2022 tax exemption or 2022 tax allowance in Gibraltar that you are entitled too BUT it isn't listed here, that we don't allow for it in this version of the Gibraltar Salary Calculator. This is simply because we updated our tax calculators based on user feedback, we tailor the Gibraltar Salary Calculator to suit our users needs. Our aim is to keep tax calculations in Gibraltar simple, we achieve this my making the Gibraltar tax calculators relevent to our community's needs, this includes you. So, if you would like a new 2022 tax rates, allowance or threshold adding (or perhaps updating), or if you notice an error in our 2022 tax calculations, simply contact us and we will adjust the tool.
Choose a specific income tax year to see the Gibraltar income tax rates and personal allowances used in the associated income tax calculator for the same tax year.