2017/2018 PAYE Final Tax Budget Changes
PAYE Regulation 6 Formula FAQs - 2017/2018 Budget Changes
2017/2018 Tax Rates Tables ( PAYE, SRT & ECAL)
RESIDENT TAXPAYERS TAX TABLE
Chargeable Income ($) |
Tax Payable ($) |
Social Responsibility Tax |
ECAL |
0 – 30,000 |
Nil |
||
30,001 – 50,000 |
18% of excess over $30,000 |
||
50,001 – 270,000 |
$3,600 + 20% of excess over $50,000 |
||
270,001 – 300,000 |
$47,600 + 20% of excess over $270,000 |
13% of excess over $270,000 | 10% of excess over $270,000 |
300,001 – 350,000 |
$53,600 + 20% of excess over $300,000 |
3,900 + 14% of excess over $300,000 |
10% of excess over $270,000 |
350,001 – 400,000 |
$63,600 + 20% of excess over $350,000 |
10,900 + 15% of excess over $350,000 |
10% of excess over $270,000 |
400,001 – 450,000 |
$73,600 + 20% of excess over $400,000 |
18,400 + 16% of excess over $400,000 |
10% of excess over $270,000 |
450,001 – 500,000 |
$83,600 + 20% of excess over $450,000 |
26,400 + 17% of excess over $450,000 |
10% of excess over $270,000 |
500,001 – 1,000,000 |
$93,600 + 20% of excess over $500,000 |
34,900 + 18% of excess over $500,000 |
10% of excess over $270,000 |
1,000,001 + |
$193,600 + 20% of excess over $1000,000 |
124,900 + 19% of excess over $1,000,000 |
10% of excess over $270,000 |
NON-RESIDENT TAXPAYERS TAX TABLE
Chargeable Income ($) |
Tax Payable ($) |
Social Responsibility Tax |
ECAL |
0 – 30,000 |
20% of excess of $0 |
||
30,001 – 50,000 |
$6,000 + 20% of excess over $30,000 |
||
50,001 – 270,000 |
$10,000 + 20% of excess over $50,000 |
||
270,001 – 300,000 |
$54,000 + 20% of excess over $270,000 |
13% of excess over $270,000 | 10% of excess over $270,000 |
300,001 – 350,000 |
$60,000 + 20% of excess over $300,000 |
3,900 + 14% of excess over $300,000 |
10% of excess over $270,000 |
350,001 – 400,000 |
$70,000 + 20% of excess over $350,000 |
10,900 + 15% of excess over $350,000 |
10% of excess over $270,000 |
400,001 – 450,000 |
$80,000 + 20% of excess over $400,000 |
18,400 + 16% of excess over $400,000 |
10% of excess over $270,000 |
450,001 – 500,000 |
$90,000 + 20% of excess over $450,000 |
26,400 + 17% of excess over $450,000 |
10% of excess over $270,000 |
500,001 – 1,000,000 |
$100,000 + 20% of excess over $500,000 |
34,900 + 18% of excess over $500,000 |
10% of excess over $270,000 |
1,000,001 + |
$200,000 + 20% of excess over $1000,000 |
124,900 + 19% of excess over $1,000,000 |
10% of excess over $270,000 |