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The Income tax rates and personal allowances in Papua New Guinea 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 Papua New Guinea Tax Calculator 2019.
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 0% | Income from $ 0.000.00 | to | $ 20,000.00 |
| 30% | Income from $ 20,000.01 | to | $ 33,000.00 |
| 35% | Income from $ 33,000.01 | to | $ 70,000.00 |
| 40% | Income from $ 70,000.01 | to | $ 250,000.00 |
| 42% | Income from $ 250,000.01 | and above | |
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 22% | Income from $ 0.000.00 | to | $ 20,000.00 |
| 30% | Income from $ 20,000.01 | to | $ 33,000.00 |
| 35% | Income from $ 33,000.01 | to | $ 70,000.00 |
| 40% | Income from $ 70,000.01 | to | $ 250,000.00 |
| 42% | Income from $ 250,000.01 | and above | |
Taxes, including personal income tax, expenses and limitations are reviewed by the Government in Papua New Guinea periodically and typically updated each year. Not that not all tax rates and thresholds in Papua New Guinea change annually, alterations to tax policy to support strategic economic growth in Papua New Guinea mean that the certain areas may be focused on to provide specific tax relief in Papua New Guinea or support growth in certain areas (overseas invstment in Papua New Guinea for example may mean reduced non-resident income tax rates in Papua New Guinea for a period).
When tax policy in Papua New Guinea changes, the resultant tax tables also change. Tax tables in Papua New Guinea are simply a list of the relevent tax rates, fixed amounts and / or threholds used in the computation of tax in Papua New Guinea, the Papua New Guinea 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 Papua New Guinea for example).
Papua New Guinea Tax Tables may also be referred to as Papua New Guinea Tax Slabs, Papua New Guinea personal allowances and tax thresholds or Papua New Guinea 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 2019 tax rates and thresholds used within the 2019 Papua New Guinea Salary Calculator. This means that if you are aware of a 2019 tax exemption or 2019 tax allowance in Papua New Guinea that you are entitled too BUT it isn't listed here, that we don't allow for it in this version of the Papua New Guinea Salary Calculator. This is simply because we updated our tax calculators based on user feedback, we tailor the Papua New Guinea Salary Calculator to suit our users needs. Our aim is to keep tax calculations in Papua New Guinea simple, we achieve this my making the Papua New Guinea tax calculators relevent to our community's needs, this includes you. So, if you would like a new 2019 tax rates, allowance or threshold adding (or perhaps updating), or if you notice an error in our 2019 tax calculations, simply contact us and we will adjust the tool.
Choose a specific income tax year to see the Papua New Guinea income tax rates and personal allowances used in the associated income tax calculator for the same tax year.