South Georgia and the South Sandwich Islands Tax Tables 2023 - Tax Rates and Thresholds in South Georgia and the South Sandwich Islands
Rate and Share, Show you Care 😊 Your feedback and support helps us keep this resource FREE for all to use, thank you.
This page contains the tax table information used for the calculation of tax and payroll deductions in South Georgia and the South Sandwich Islands in 2023. These tax tables are used for the tax and payroll calculators published on iCalculator™ GS, these tools are provided for your free use on our website. If you would like additional tax table information added to the tax calculators for South Georgia and the South Sandwich Islands or would like to add to or suggest amendments to the information herein then please contact us.
2023 Tax Tables [Quick Links]
Related Calculators
South Georgia and the South Sandwich Islands Personal Income Tax Tables in 2023
The Income tax rates and personal allowances in South Georgia and the South Sandwich Islands are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the South Georgia and the South Sandwich Islands Tax Calculator 2023.
South Georgia and the South Sandwich Islands provides an annual "Standard Deduction" that is deducted from your total income to produce your taxable income in South Georgia and the South Sandwich Islands in 2023:
South Georgia and the South Sandwich Islands Standard Deduction in 2023Residence Status | Standard Deduction |
---|
Resident | $ 15,000.00 |
Non-resident | $ 0.00 |
South Georgia and the South Sandwich Islands Residents Income Tax Tables in 2023
Personal Income Tax Rates and Thresholds (Annual)Tax Rate | Taxable Income Threshold |
---|
21% | Income from $ 0.000.00 | to | $ 12,000.00 |
26% | Income from $ 12,000.01 | | and above |
South Georgia and the South Sandwich Islands Non-residents Income Tax Tables in 2023
Personal Income Tax Rates and Thresholds (Annual)Tax Rate | Taxable Income Threshold |
---|
21% | Income from $ 0.000.00 | to | $ 12,000.00 |
26% | Income from $ 12,000.01 | | and above |
South Georgia and the South Sandwich Islands Social Security and Payroll Deduction Rates in 2023
South Georgia and the South Sandwich Islands, being a British Overseas Territory without a permanent population, do not have a traditional social security system as found in more populous regions. However, the territory is administered by the government of the Falkland Islands, and any temporary workers or staff in the region would typically be subject to the Falkland Islands' tax and social security system. This system includes contributions from both employees and employers, designed to fund various social benefits.
South Georgia and the South Sandwich Islands Social Security in 2023: Rates for Employers and EmployeesCategory | Employee | Employer | Total |
---|
Fixed Amount Social Security | 100% | 100% | 200% |
Falkland Islands Pension scheme (FIPS) | 5% | 0% | 5% |
South Georgia and the South Sandwich Islands Social Security and Payroll Deduction in 2023: Earnings Thresholds for Employers and EmployeesCategory | Employee | Employer |
---|
Min. | Max. | Min. | Max. |
---|
Fixed Amount Social Security | $ 16,078.40 | $ 18,189.60 | $ 16,078.40 | $ 18,189.60 |
Falkland Islands Pension scheme (FIPS) | n/a | n/a | n/a | n/a |
Historic Tax Tables supported for South Georgia and the South Sandwich Islands
The following tax tables are supported by iCalculator™ GS as part of the suite of free tax tools we provide for South Georgia and the South Sandwich Islands.