Difference between revisions of "Taxation in Karimun"
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| Tax Free || 0% || Under 15,000KPT || | | Tax Free || 0% || Under 15,000KPT || | ||
|- | |- | ||
| − | | Band I || 7.5% || 15,001-25,000|| | + | | Band I || 7.5% || 15,001-25,000|| 250KPT per children (Max, 3 children that are taxable until the children could work and pay taxes) and 400KPT if he/she have non-working partner |
|- | |- | ||
| − | | Band II || 10% || 25,001-35,000|| | + | | Band II || 10% || 25,001-35,000|| 250KPT per children (Max, 3 children that are taxable until the children could work and pay taxes) and 400KPT if he/she have non-working partner |
|- | |- | ||
| − | | Band III || 15% || 35,001-45,000 || | + | | Band III || 15% || 35,001-45,000 || 250KPT per children (Max, 3 children that are taxable until the children could work and pay taxes) and 400KPT if he/she have non-working partner |
|- | |- | ||
| − | | Band IV || 20% || 45,001-55,000 || 1000KPT plus 15% of the amount over 45,001KPT plus 250KPT per children (Max, 3 children that are taxable until the children could work and pay taxes) and 400KPT non-working partner | + | | Band IV || 20% || 45,001-55,000 || 1000KPT plus 15% of the amount over 45,001KPT plus 250KPT per children (Max, 3 children that are taxable until the children could work and pay taxes) and 400KPT if he/she have non-working partner |
|- | |- | ||
| − | | Band V || 25% || Above 55,001 || 2000KPT plus 20% of the amount over 55,001 plus 250KPT per children (Max, 3 children that are taxable) | + | | Band V || 25% || Above 55,001 || 2000KPT plus 20% of the amount over 55,001 plus 250KPT per children (Max, 3 children that are taxable until the children could work and pay taxes) and 400KPT if he/she have non-working partner |
|} | |} | ||
Revision as of 06:05, 25 June 2020
Federal Income Tax
Single Tax
| Band | Tax Rate | Income Band (KPT) | Details |
|---|---|---|---|
| Tax Free | 0% | Under 12,000KPT | |
| Band I | 5% | 12,001-20,000 | |
| Band II | 7.5% | 21,001-30,000 | |
| Band III | 10% | 31,001-40,000 | |
| Band IV | 15% | 41,001-50,000 | 1000KPT plus 15% of the amount over 41,001KPT |
| Band V | 20% | Above 51,001 | 2000KPT plus 20% of the amount over 50,001KPT |
Married Tax
| Band | Tax Rate | Income Band (KPT) | Details |
|---|---|---|---|
| Tax Free | 0% | Under 15,000KPT | |
| Band I | 7.5% | 15,001-25,000 | 250KPT per children (Max, 3 children that are taxable until the children could work and pay taxes) and 400KPT if he/she have non-working partner |
| Band II | 10% | 25,001-35,000 | 250KPT per children (Max, 3 children that are taxable until the children could work and pay taxes) and 400KPT if he/she have non-working partner |
| Band III | 15% | 35,001-45,000 | 250KPT per children (Max, 3 children that are taxable until the children could work and pay taxes) and 400KPT if he/she have non-working partner |
| Band IV | 20% | 45,001-55,000 | 1000KPT plus 15% of the amount over 45,001KPT plus 250KPT per children (Max, 3 children that are taxable until the children could work and pay taxes) and 400KPT if he/she have non-working partner |
| Band V | 25% | Above 55,001 | 2000KPT plus 20% of the amount over 55,001 plus 250KPT per children (Max, 3 children that are taxable until the children could work and pay taxes) and 400KPT if he/she have non-working partner |
