Laos Tax Tables 2020 - Tax Rates and Thresholds in Laos
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This page contains the tax table information used for the calculation of tax and payroll deductions in Laos in 2020. These tax tables are used for the tax and payroll calculators published on iCalculator™ LA, 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 Laos or would like to add to or suggest amendments to the information herein then please contact us.
2020 Tax Tables [Quick Links]
Related Calculators
Laos Personal Income Tax Tables in 2020
The Income tax rates and personal allowances in Laos 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 Laos Tax Calculator 2020.
Laos Residents Income Tax Tables in 2020
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 0% | Income from ₭ 0.000.00 | to | ₭ 1,000,000.00 |
| 5% | Income from ₭ 1,000,000.01 | to | ₭ 2,000,000.00 |
| 10% | Income from ₭ 2,000,000.01 | to | ₭ 3,000,000.00 |
| 12% | Income from ₭ 3,000,000.01 | to | ₭ 6,000,000.00 |
| 15% | Income from ₭ 6,000,000.01 | to | ₭ 12,000,000.00 |
| 20% | Income from ₭ 12,000,000.01 | to | ₭ 16,000,000.00 |
| 24% | Income from ₭ 16,000,000.01 | | and above |
Laos Non-residents Income Tax Tables in 2020
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 0% | Income from ₭ 0.000.00 | to | ₭ 1,000,000.00 |
| 5% | Income from ₭ 1,000,000.01 | to | ₭ 2,000,000.00 |
| 10% | Income from ₭ 2,000,000.01 | to | ₭ 3,000,000.00 |
| 12% | Income from ₭ 3,000,000.01 | to | ₭ 6,000,000.00 |
| 15% | Income from ₭ 6,000,000.01 | to | ₭ 12,000,000.00 |
| 20% | Income from ₭ 12,000,000.01 | to | ₭ 16,000,000.00 |
| 24% | Income from ₭ 16,000,000.01 | | and above |
In Laos, social security contributions made by employees are deductible for the purpose of calculating taxable income. This means that the amounts contributed towards the social security system by employees can be subtracted from their gross income before personal income tax is calculated. This provision helps to reduce the taxable income of employees, potentially lowering their overall tax liability. By allowing these deductions, the Laotian tax system acknowledges the importance of social security contributions and provides a form of financial relief to employees, encouraging participation in the social welfare system.
Laos Social Security and Payroll Deduction Rates in 2020
In Laos, the social security system is designed to provide protection and support to employees in the workforce, covering a range of benefits from healthcare to retirement. Contributions to this system are made by both employers and employees, ensuring a collective effort towards the welfare of the working population.
Laos Social Security in 2020: Rates for Employers and Employees| Category | Employee | Employer | Total |
|---|
| Social Security | 5.5% | 6% | 11.5% |
Laos Social Security and Payroll Deduction in 2020: Earnings Thresholds for Employers and Employees| Category | Employee | Employer |
|---|
| Min. | Max. | Min. | Max. |
|---|
| Social Security | n/a | ₭ 4,500,000.00 | n/a | ₭ 4,500,000.00 |
Laos VAT Rates in 2020
VAT rates for Laos are reviewed annually, you can use the VAT Calculator to calculate VAT due in Laos or use the Reverse VAT Calculator to calculate the net cost of goods/services after deducting VAT.
Laos VAT Rates| VAT Rate | VAT Description |
|---|
| 0% | Zero Rated |
| 10% | Standard Rate |
Historic Tax Tables supported for Laos
The following tax tables are supported by iCalculator™ LA as part of the suite of free tax tools we provide for Laos.