The Income tax rates and personal allowances in Us Virgin 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 Us Virgin Islands Tax Calculator 2019.
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 1.92% | Income from $ 0.000.00 | to | $ 6,942.35 |
| 6.4% | Income from $ 6,942.36 | to | $ 58,922.27 |
| 10.88% | Income from $ 58,922.28 | to | $ 103,550.51 |
| 16% | Income from $ 103,550.52 | to | $ 120,372.95 |
| 17.92% | Income from $ 120,372.96 | to | $ 144,119.39 |
| 21.36% | Income from $ 144,119.40 | to | $ 290,667.83 |
| 23.52% | Income from $ 290,667.84 | to | $ 458,132.39 |
| 30% | Income from $ 458,132.40 | to | $ 874,650.11 |
| 32% | Income from $ 874,650.12 | to | $ 1,166,200.07 |
| 34% | Income from $ 1,166,200.08 | to | $ 3,498,600.11 |
| 35% | Income from $ 3,498,600.12 | and above | |
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 0% | Income from $ 0.000.00 | to | $ 125,900.00 |
| 15% | Income from $ 125,900.01 | to | $ 1,000,000.00 |
| 30% | Income from $ 1,000,000.01 | and above | |
Taxes, including personal income tax, expenses and limitations are reviewed by the Government in Us Virgin Islands periodically and typically updated each year. Not that not all tax rates and thresholds in Us Virgin Islands change annually, alterations to tax policy to support strategic economic growth in Us Virgin Islands mean that the certain areas may be focused on to provide specific tax relief in Us Virgin Islands or support growth in certain areas (overseas invstment in Us Virgin Islands for example may mean reduced non-resident income tax rates in Us Virgin Islands for a period).
When tax policy in Us Virgin Islands changes, the resultant tax tables also change. Tax tables in Us Virgin Islands are simply a list of the relevent tax rates, fixed amounts and / or threholds used in the computation of tax in Us Virgin Islands, the Us Virgin Islands tax tables also include specific notes and guidance on the validity of scenarios (for example, qualifying criterea for specific tax relief / allowances) and notes of the calculation of phaseout of specific tax elements within each taxation group (dividends and corporation tax thresholds in Us Virgin Islands for example).
Us Virgin Islands Tax Tables may also be referred to as Us Virgin Islands Tax Slabs, Us Virgin Islands personal allowances and tax thresholds or Us Virgin Islands business tax rates. They all refer to the tax tables, whether in whole or as specific sections/categories of the tax tables therein. In the section, we publish all 2019 tax rates and thresholds used within the 2019 Us Virgin Islands Salary Calculator. This means that if you are aware of a 2019 tax exemption or 2019 tax allowance in Us Virgin Islands that you are entitled too BUT it isn't listed here, that we don't allow for it in this version of the Us Virgin Islands Salary Calculator. This is simply because we updated our tax calculators based on user feedback, we tailor the Us Virgin Islands Salary Calculator to suit our users needs. Our aim is to keep tax calculations in Us Virgin Islands simple, we achieve this my making the Us Virgin Islands tax calculators relevent to our community's needs, this includes you. So, if you would like a new 2019 tax rates, allowance or threshold adding (or perhaps updating), or if you notice an error in our 2019 tax calculations, simply contact us and we will adjust the tool.
Choose a specific income tax year to see the Us Virgin Islands income tax rates and personal allowances used in the associated income tax calculator for the same tax year.