Gibraltar question!
#1
Just Joined
Thread Starter
Joined: Apr 2009
Posts: 1
Gibraltar question!
Hellooooooooooo
I am moving to Gibraltar in the next few days and I am wondering about the tax.
In Gibraltar's official page in some points says that the tax deduction is 20% and in others is 30%.
My annual salary will be 16.000 pounds so in which category am I ?
I am a EU citizen.
Thanks!
I am moving to Gibraltar in the next few days and I am wondering about the tax.
In Gibraltar's official page in some points says that the tax deduction is 20% and in others is 30%.
My annual salary will be 16.000 pounds so in which category am I ?
I am a EU citizen.
Thanks!
#2
Re: Gibraltar question!
The "standard" rate is 30% but there are two other rates, 17% and 42%.
There are full details at http://www.gibraltar.gov.gi/gov_dept.../tax_index.htm
On your 16k income you will pay £3522 tax and if married £2735.
There may be other allowances that you can claim and they are all shown on that website.
There are full details at http://www.gibraltar.gov.gi/gov_dept.../tax_index.htm
On your 16k income you will pay £3522 tax and if married £2735.
There may be other allowances that you can claim and they are all shown on that website.
#3
BE Forum Addict
Joined: Nov 2003
Location: Chiclana
Posts: 3,327
Re: Gibraltar question!
The "standard" rate is 30% but there are two other rates, 17% and 42%.
There are full details at http://www.gibraltar.gov.gi/gov_dept.../tax_index.htm
On your 16k income you will pay £3522 tax and if married £2735.
There may be other allowances that you can claim and they are all shown on that website.
There are full details at http://www.gibraltar.gov.gi/gov_dept.../tax_index.htm
On your 16k income you will pay £3522 tax and if married £2735.
There may be other allowances that you can claim and they are all shown on that website.
#4
In Estepona
Joined: Feb 2007
Location: Estepona, Spain
Posts: 633
Re: Gibraltar question!
Im just on Gross Income Based.. being single, no kids etc. thats just 20%. But if you live in Gibraltar, own a home and are married and have kids you pay less tax.
Welcome to Gibraltar.. it aint no tax haven!
Welcome to Gibraltar.. it aint no tax haven!