Information about Antigua and Barbuda Minimum wage and taxes.
Antigua and Barbuda is an island country located in the Caribbean. The following information is available about minimum wages and taxes in the country:
1. Minimum Wage: The minimum wage in Antigua and Barbuda is set at
9.50 East Caribbean Dollars (XCD) per hour as of 2021. When calculated monthly, it corresponds to approximately 1,368 XCD.
2. Taxes: In Antigua and Barbuda, income tax is collected based on a certain bracket of personal income. As of 2021, the income tax brackets are as follows: - 10% tax for income between 0-25,000 XCD - 15% tax for income between 25,001-100,000 XCD - 25% tax for income of 100,001 XCD and above Additionally, excise tax (VAT) is also imposed in Antigua and Barbuda. The consumption tax rate is generally 15%, but may vary by 10% or 25% on some products. Other taxes include taxes such as corporate income tax, property tax, motor vehicle tax, and business license tax. The rates and details of these taxes are determined according to the relevant laws. The above information provides an overview. However, tax rates and policies may change over time. Therefore, you can obtain more up-to-date and detailed information by contacting the Antigua and Barbuda Ministry of Finance or tax authority.
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