The Income tax rates and personal allowances in Sao Tome And Principe 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 Sao Tome And Principe Tax Calculator 2019.
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 0% | Income from Db 0.000.00 | to | Db 11,700,000.00 |
| 10% | Income from Db 11,700,000.01 | to | Db 50,000,000.00 |
| 13% | Income from Db 50,000,000.01 | to | Db 100,000,000.00 |
| 15% | Income from Db 100,000,000.01 | to | Db 150,000,000.00 |
| 20% | Income from Db 150,000,000.01 | to | Db 240,000,000.00 |
| 25% | Income from Db 240,000,000.01 | and above | |
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 0% | Income from Db 0.000.00 | to | Db 125,900.00 |
| 15% | Income from Db 125,900.01 | to | Db 1,000,000.00 |
| 30% | Income from Db 1,000,000.01 | and above | |
Taxes, including personal income tax, expenses and limitations are reviewed by the Government in Sao Tome And Principe periodically and typically updated each year. Not that not all tax rates and thresholds in Sao Tome And Principe change annually, alterations to tax policy to support strategic economic growth in Sao Tome And Principe mean that the certain areas may be focused on to provide specific tax relief in Sao Tome And Principe or support growth in certain areas (overseas invstment in Sao Tome And Principe for example may mean reduced non-resident income tax rates in Sao Tome And Principe for a period).
When tax policy in Sao Tome And Principe changes, the resultant tax tables also change. Tax tables in Sao Tome And Principe are simply a list of the relevent tax rates, fixed amounts and / or threholds used in the computation of tax in Sao Tome And Principe, the Sao Tome And Principe 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 Sao Tome And Principe for example).
Sao Tome And Principe Tax Tables may also be referred to as Sao Tome And Principe Tax Slabs, Sao Tome And Principe personal allowances and tax thresholds or Sao Tome And Principe 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 Sao Tome And Principe Salary Calculator. This means that if you are aware of a 2019 tax exemption or 2019 tax allowance in Sao Tome And Principe that you are entitled too BUT it isn't listed here, that we don't allow for it in this version of the Sao Tome And Principe Salary Calculator. This is simply because we updated our tax calculators based on user feedback, we tailor the Sao Tome And Principe Salary Calculator to suit our users needs. Our aim is to keep tax calculations in Sao Tome And Principe simple, we achieve this my making the Sao Tome And Principe 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 Sao Tome And Principe income tax rates and personal allowances used in the associated income tax calculator for the same tax year.