--- name: tt-income-tax description: "Source-cited draft: personal income tax for Trinidad and Tobago (tax year 2025) — rates, thresholds and rules with primary-source citations. Unverified; pending local-accountant review." license: "AGPL-3.0-or-later (code) / OpenAccountants Guide License v1.0 (content)" metadata: source: openaccountants openaccountants_url: "https://www.openaccountants.com/skills/tt-income-tax" jurisdiction: "TT" tax_year: "2025" last_updated: "2026-07-13" review_status: "pending_review" --- # Trinidad and Tobago Personal Income Tax ## Personal income tax rates and bands - **Chargeable income basis and two-tier rate** — Personal income tax is charged on chargeable income (assessable income less allowances and deductions). A two-tier rate applies, with a higher 30% rate on chargeable income above TTD 1,000,000. - **Rate on chargeable income up to TTD 1,000,000** — 25% _(Income Tax Act (Chap. 75:01) — https://taxsummaries.pwc.com/trinidad-and-tobago/individual/taxes-on-personal-income)_ - **Rate on chargeable income over TTD 1,000,000** — 30% _(Income Tax Act (Chap. 75:01) — https://taxsummaries.pwc.com/trinidad-and-tobago/individual/taxes-on-personal-income)_ - **Personal allowance (tax-free threshold)** — TTD 90,000 per year TTD/year _(Income Tax Act (Chap. 75:01) — https://taxsummaries.pwc.com/trinidad-and-tobago/individual/deductions)_ - **Personal allowance for non-residents** — Generally not available, except non-residents receiving TT-source pension income _(Income Tax Act (Chap. 75:01) — https://taxsummaries.pwc.com/trinidad-and-tobago/individual/taxes-on-personal-income)_ - **Non-resident rates on TT-source income** — Same 25% / 30% scale applies to chargeable income; passive income may instead suffer final withholding tax _(Income Tax Act (Chap. 75:01) — https://taxsummaries.pwc.com/trinidad-and-tobago/individual/taxes-on-personal-income)_ - **Residence test** — Individual is resident if present in Trinidad and Tobago for at least 183 days in the year of income, or otherwise ordinarily resident ((approx — confirm)) _(Income Tax Act (Chap. 75:01) — https://taxsummaries.pwc.com/trinidad-and-tobago/individual/residence)_ - **National Insurance (NIS) contributions** — Employee NIS contributions are deductible in computing chargeable income _(Income Tax Act (Chap. 75:01) — https://taxsummaries.pwc.com/trinidad-and-tobago/individual/deductions)_ - **Tertiary education expenses deduction** — Up to TTD 72,000 per year for tertiary education expenses at institutions outside Trinidad and Tobago ((approx — confirm)) TTD/year _(Income Tax Act (Chap. 75:01) — https://taxsummaries.pwc.com/trinidad-and-tobago/individual/deductions)_ - **Approved pension/annuity/NIS deduction cap** — Contributions to approved pension funds, annuities and NIS deductible up to TTD 60,000 per year combined TTD/year _(Income Tax Act (Chap. 75:01) — https://taxsummaries.pwc.com/trinidad-and-tobago/individual/deductions)_ - **First-time homeowner allowance** — Up to TTD 30,000 per year for the first five years (acquisitions on or after 1 January 2023) ((approx — confirm)) TTD/year _(Income Tax Act (Chap. 75:01) — https://taxsummaries.pwc.com/trinidad-and-tobago/individual/deductions)_ - **Individual return filing deadline** — 30 April of the year following the year of income _(Income Tax Act (Chap. 75:01) — https://taxsummaries.pwc.com/trinidad-and-tobago/individual/tax-administration)_ - **Self-employed quarterly instalments** — Estimated tax payable in quarterly instalments by 31 March, 30 June, 30 September and 31 December, with the balance due by 30 April _(Income Tax Act (Chap. 75:01) — https://www.finance.gov.tt/services/income-tax/paying-your-taxes/)_ - **Business levy on self-employed** — 0.6% on gross income/receipts exceeding TTD 360,000 per year, where it exceeds the income tax liability _(Income Tax Act (Chap. 75:01) — https://taxsummaries.pwc.com/trinidad-and-tobago/individual/other-taxes)_ --- ## Talk to a verified accountant This guide is maintained by the OpenAccountants network — accountants who put their name behind the tax answers AI gives people. The live, always-current version (and the professional behind it) is at [openaccountants.com](https://www.openaccountants.com). - Use it in your AI: https://www.openaccountants.com/connect - Meet the accountants: https://www.openaccountants.com/network > **General reference only.** This document does not constitute tax, legal, or > financial advice. Verify figures against the cited primary sources or with a > licensed professional before relying on them. ## Today's figures and who stands behind this skill This file is an AI skill (tax rules your AI follows) from OpenAccountants, copied on 2026-07-13. Rates, thresholds and deadlines change. For the current version of this skill, its official sources and the named accountant (if any) who stands behind it, call `get_skill` with slug `tt-income-tax` on the OpenAccountants connector (https://www.openaccountants.com/connect), or read https://www.openaccountants.com/skills/tt-income-tax. If neither is available, confirm every figure against the official source pages cited above before relying on it.