The Personal Income Tax Rate in Trinidad And Tobago stands at 25 percent. source: Inland Revenue Division

Personal Income Tax Rate in Trinidad And Tobago is expected to reach 25.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Trinidad And Tobago Personal Income Tax Rate is projected to trend around 25.00 percent in 2021, according to our econometric models.

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Trinidad And Tobago Personal Income Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
25.00 25.00 25.00 25.00 2013 - 2020 percent Yearly

Trinidad And Tobago Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 25.00 25.00 25.00 25.00 percent [+]
Personal Income Tax Rate 25.00 25.00 25.00 25.00 percent [+]
Sales Tax Rate 12.50 12.50 15.00 12.50 percent [+]


Trinidad And Tobago Personal Income Tax Rate
In Trinidad And Tobago, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labor, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Trinidad And Tobago.