The Income tax rates and personal allowances in Vatican City 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 Vatican City Tax Calculator 2014.
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 0% | Flat rate on all taxable income | ||
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 0% | Flat rate on all taxable income | ||
Taxes, including personal income tax, expenses and limitations are reviewed by the Government in Vatican City periodically and typically updated each year. Not that not all tax rates and thresholds in Vatican City change annually, alterations to tax policy to support strategic economic growth in Vatican City mean that the certain areas may be focused on to provide specific tax relief in Vatican City or support growth in certain areas (overseas invstment in Vatican City for example may mean reduced non-resident income tax rates in Vatican City for a period).
When tax policy in Vatican City changes, the resultant tax tables also change. Tax tables in Vatican City are simply a list of the relevent tax rates, fixed amounts and / or threholds used in the computation of tax in Vatican City, the Vatican City 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 Vatican City for example).
Vatican City Tax Tables may also be referred to as Vatican City Tax Slabs, Vatican City personal allowances and tax thresholds or Vatican City 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 2014 tax rates and thresholds used within the 2014 Vatican City Salary Calculator. This means that if you are aware of a 2014 tax exemption or 2014 tax allowance in Vatican City that you are entitled too BUT it isn't listed here, that we don't allow for it in this version of the Vatican City Salary Calculator. This is simply because we updated our tax calculators based on user feedback, we tailor the Vatican City Salary Calculator to suit our users needs. Our aim is to keep tax calculations in Vatican City simple, we achieve this my making the Vatican City tax calculators relevent to our community's needs, this includes you. So, if you would like a new 2014 tax rates, allowance or threshold adding (or perhaps updating), or if you notice an error in our 2014 tax calculations, simply contact us and we will adjust the tool.
Choose a specific income tax year to see the Vatican City income tax rates and personal allowances used in the associated income tax calculator for the same tax year.