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The Income tax rates and personal allowances in Saint Vincent And The Grenadines 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 Saint Vincent And The Grenadines Tax Calculator 2021.
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 0% | Income from $ 0.000.00 | to | $ 18,000.00 |
| 10% | Income from $ 18,000.01 | to | $ 25,000.00 |
| 20% | Income from $ 25,000.01 | to | $ 30,000.00 |
| 32.5% | Income from $ 30,000.01 | and above | |
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 0% | Income from $ 0.000.00 | to | $ 18,000.00 |
| 10% | Income from $ 18,000.01 | to | $ 25,000.00 |
| 20% | Income from $ 25,000.01 | to | $ 30,000.00 |
| 32.5% | Income from $ 30,000.01 | and above | |
Taxes, including personal income tax, expenses and limitations are reviewed by the Government in Saint Vincent And The Grenadines periodically and typically updated each year. Not that not all tax rates and thresholds in Saint Vincent And The Grenadines change annually, alterations to tax policy to support strategic economic growth in Saint Vincent And The Grenadines mean that the certain areas may be focused on to provide specific tax relief in Saint Vincent And The Grenadines or support growth in certain areas (overseas invstment in Saint Vincent And The Grenadines for example may mean reduced non-resident income tax rates in Saint Vincent And The Grenadines for a period).
When tax policy in Saint Vincent And The Grenadines changes, the resultant tax tables also change. Tax tables in Saint Vincent And The Grenadines are simply a list of the relevent tax rates, fixed amounts and / or threholds used in the computation of tax in Saint Vincent And The Grenadines, the Saint Vincent And The Grenadines 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 Saint Vincent And The Grenadines for example).
Saint Vincent And The Grenadines Tax Tables may also be referred to as Saint Vincent And The Grenadines Tax Slabs, Saint Vincent And The Grenadines personal allowances and tax thresholds or Saint Vincent And The Grenadines 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 2021 tax rates and thresholds used within the 2021 Saint Vincent And The Grenadines Salary Calculator. This means that if you are aware of a 2021 tax exemption or 2021 tax allowance in Saint Vincent And The Grenadines that you are entitled too BUT it isn't listed here, that we don't allow for it in this version of the Saint Vincent And The Grenadines Salary Calculator. This is simply because we updated our tax calculators based on user feedback, we tailor the Saint Vincent And The Grenadines Salary Calculator to suit our users needs. Our aim is to keep tax calculations in Saint Vincent And The Grenadines simple, we achieve this my making the Saint Vincent And The Grenadines tax calculators relevent to our community's needs, this includes you. So, if you would like a new 2021 tax rates, allowance or threshold adding (or perhaps updating), or if you notice an error in our 2021 tax calculations, simply contact us and we will adjust the tool.
Choose a specific income tax year to see the Saint Vincent And The Grenadines income tax rates and personal allowances used in the associated income tax calculator for the same tax year.