iCalculator™ CK"Informing, Educating, Saving Money and Time in Cook Islands"
CK Tax 2020

Cook Islands Tax Tables 2020 - Tax Rates and Thresholds in Cook Islands

Rate and Share, Show you Care 😊 Your feedback and support helps us keep this resource FREE for all to use, thank you.
[ 39 Votes ]

This page contains the tax table information used for the calculation of tax and payroll deductions in Cook Islands in 2020. These tax tables are used for the tax and payroll calculators published on iCalculator™ CK, 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 Cook Islands or would like to add to or suggest amendments to the information herein then please contact us.

Cook Islands Personal Income Tax Tables in 2020

The Income tax rates and personal allowances in Cook 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 Cook Islands Tax Calculator 2020.

Cook Islands Residents Income Tax Tables in 2020
Personal Income Tax Rates and Thresholds (Annual)
Tax RateTaxable Income Threshold
0%Income from $ 0.000.00to $ 12,800.00
17%Income from $ 12,800.01 to $ 30,000.00
27%Income from $ 30,000.01 to $ 80,000.00
30%Income from $ 80,000.01 and above
Cook Islands Non-residents Income Tax Tables in 2020
Personal Income Tax Rates and Thresholds (Annual)
Tax RateTaxable Income Threshold
0%Income from $ 0.000.00to $ 12,800.00
17%Income from $ 12,800.01 to $ 30,000.00
27%Income from $ 30,000.01 to $ 80,000.00
30%Income from $ 80,000.01 and above

Cook Islands Social Security Rates in 2020

The social security system in the Cook Islands is largely centered around the Cook Islands National Superannuation Fund (CINSF), with contributions from both employees and employers. Here is an overview of the social security elements and their purposes:

Cook Islands Social Security in 2020: Rates for Employers and Employees
Social security categoryEmployeeEmployerTotal
National Superannuation Fund (CINSF)5%5%10%
Cook Islands Social Security in 2020: Earnings Thresholds for Employers and Employees
Social security categoryEmployeeEmployer
Min.Max.Min.Max.
National Superannuation Fund (CINSF)n/an/an/an/a

National Superannuation Fund (CINSF) Contributions

  • Employee Contributions: Employees contribute a portion of their income to the CINSF, which is intended to accumulate and provide financial support upon retirement.
  • Employer Contributions: Employers are required to contribute to the CINSF on behalf of their employees, ensuring a shared responsibility towards the employees' retirement welfare.

The CINSF is the cornerstone of the Cook Islands' social security system, focusing on providing financial stability for individuals in their retirement years.

Other Social Security Benefits

Aside from the CINSF, the Cook Islands may offer other social support and welfare programs, primarily funded through general taxation rather than direct contributions from employees and employers.

Health and Welfare Programs

The government of the Cook Islands may provide various health and welfare programs, including healthcare and disability support, as part of its broader social security framework. These are not typically funded through the CINSF but are crucial for overall social welfare.

In summary, the social security system in the Cook Islands, with its emphasis on the CINSF, aims to ensure financial support for individuals during their retirement, funded by both employee and employer contributions.

Cook Islands VAT Rates in 2020

VAT rates for Cook Islands are reviewed annually, you can use the VAT Calculator to calculate VAT due in Cook Islands or use the Reverse VAT Calculator to calculate the net cost of goods/services after deducting VAT.

Cook Islands VAT Rates
VAT RateVAT Description
0%Zero Rated
15%Standard Rate

Historic Tax Tables supported for Cook Islands

The following tax tables are supported by iCalculator™ CK as part of the suite of free tax tools we provide for Cook Islands.