Personal Income Tax
Income Tax Act
Personal Income Tax Rates
Chargeable Income ($)
Rate (%)
Gross Tax Payable ($)
On the first
On the next
20 000
10 000
0
4
0.00
400.00
30 000
6
600.00
40 000
9
1 000.00
3 600.00
80 000
15
4 600.00
12 000.00
160 000
19
16 600.00
30 400.00
3.75
375.00
5.75
575.00
8.75
950.00
3500.00
14.5
4 450.00
11 600.00
18
16 050.00
28 800.00
Above
320 000
21
44 850.00
3.5
350.00
5.5
550.00
8.5
900.00
3 400.00
14
4 300.00
11 200.00
17
15 500.00
27 200.00
20
42 700.00
Income Tax Act