Tax Rate Change

On 9 September 2020, Labour announced a new tax rate of 39% on personal income exceeding $180,000 per annum. Key points that we know so far: •    Applies to individuals only, i.e. an individual on a salary of, say, $200,000 will pay an additional $1,200 per annum •    It does not apply to combined householdContinue reading “Tax Rate Change”