# 20k Salary After Tax in Papua New Guinea 2023/24

This Papua New Guinea salary after tax example is based on a \$ 20,000.00 annual salary for the 2023 tax year in Papua New Guinea using the income tax rates published in the Papua New Guinea tax tables. The 20k salary example provides a breakdown of the amounts earned and illustrates the typical amounts paid each month, week, day and hour. This is particularly useful if you need to set aside part of your income in Papua New Guinea for overseas tax payments etc.

The table below provides an overview of your wage deductions that you will typically see on a 20k salary in Papua New Guinea. You can find exact calculation which show how each of these salary deductions were calculated using income tax rates in Papua New Guinea for 2023

Papua New Guinea \$ 20,000.00 Income Tax Calculations for 2023
YearlyMonthly4 Weekly2 WeeklyWeeklyDailyHourly%1
Income20,000.001,666.671,538.46769.23384.6279.0510.99100.00%
Taxable Income20,000.001,666.671,538.46769.23384.6279.0510.99100.00%
Total Deductions20,000.001,666.671,538.46769.23384.6279.0510.99100.00%

## How to calculate income tax in Papua New Guinea on \$ 20,000.00

Income tax in Papua New Guinea is calculated using income tax rates and thresholds, these are different for resident taxpayers and non-resident taxpayers. In this Salary Example we use the resident tax tables to produce the Papua New Guinea salary example, you can calculate non-resident salary examples on the Papua New Guinea Tax Calculator.

### Papua New Guinea Taxable Income Calculation

In order to calculate the amount of income tax due on \$ 20,000.00, we first need to calculate the taxable income on \$ 20,000.00. We do this be calculating specific expenses and allowances, these tax deductible items are then subtracted from the total income (\$ 20,000.00) to produce the taxable income.

 \$ 20,000.00 Annual Income in 2023 = \$ 20,000.00 Your Taxable Income in 2023

### Papua New Guinea Resident Income Tax Calculation

The table below illustrates how a taxable income of \$ 20,000.00 is applied against the 2023 Income Tax Rates and Thresholds to produce the total income tax due.

 \$ 0.00 - \$ 20,000.00 0% \$ 0.00 = Total Income Tax Due \$ 0.00