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GS Tax 2024

South Georgia and the South Sandwich Islands Tax Tables 2024 - Tax Rates and Thresholds in South Georgia and the South Sandwich Islands

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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 2024. 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.

South Georgia and the South Sandwich Islands Personal Income Tax Tables in 2024

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 2024.

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 2024:

South Georgia and the South Sandwich Islands Standard Deduction in 2024
Residence StatusStandard Deduction
Resident$ 15,000.00
Non-resident$ 0.00
South Georgia and the South Sandwich Islands Residents Income Tax Tables in 2024
Personal Income Tax Rates and Thresholds (Annual)
Tax RateTaxable Income Threshold
21%Income from $ 0.000.00to $ 12,000.00
26%Income from $ 12,000.01 and above
South Georgia and the South Sandwich Islands Non-residents Income Tax Tables in 2024
Personal Income Tax Rates and Thresholds (Annual)
Tax RateTaxable Income Threshold
21%Income from $ 0.000.00to $ 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 2024

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 2024: Rates for Employers and Employees
CategoryEmployeeEmployerTotal
Fixed Amount Social Security100%100%200%
Falkland Islands Pension scheme (FIPS)5%0%5%
South Georgia and the South Sandwich Islands Social Security and Payroll Deduction in 2024: Earnings Thresholds for Employers and Employees
CategoryEmployeeEmployer
Min.Max.Min.Max.
Fixed Amount Social Security$ 17,825.60$ 20,065.76$ 17,825.60$ 20,065.76
Falkland Islands Pension scheme (FIPS)n/an/an/an/a

The key elements funded through social security and payroll deductions in the Falkland Islands, and by extension applicable to those working in South Georgia and the South Sandwich Islands, include:

  • Pension Benefits: Contributions help provide a retirement pension, ensuring financial support for individuals in their retirement years.
  • Medical Services: Funding contributes to the health service, offering medical care and assistance to residents and workers.
  • Unemployment and Disability Benefits: These contributions offer support in case of unemployment or disability, providing a safety net for individuals unable to work.
  • Other Social Welfare Programs: Including various forms of social assistance aimed at supporting the well-being of individuals and families in need.

Given the unique circumstances of South Georgia and the South Sandwich Islands, with no permanent residents and a very small temporary population primarily involved in research and conservation efforts, the application of these social security measures is limited and highly specific to the individuals' circumstances and their employment arrangements with the Falkland Islands' administration.

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.