Information about Gibraltar Minimum wage and taxes.
As Gibraltar is an overseas territory of the United Kingdom, British minimum wage laws also apply. As of 2021, minimum wage levels in England are determined as follows: - Ages 25 and over: £
8.91 per hour - 21-24 year olds: £
8.36 per hour - 18-20 year olds: £
6.56 per hour - 16-17 year olds: £
4.62 per hour - Worker training aged 16-17: £
4.30 per hour Those working in Gibraltar must also pay National Insurance contributions. These premiums vary depending on the worker's earnings and working hours. Like the UK, income tax applies in Gibraltar. Income tax rates vary depending on the amount and type of earnings. The tax system in Gibraltar is similar to the system in the UK. However, Gibraltar is known for its low tax rates, unlike other regions in the UK. However, it is important to contact the Gibraltar Government or a tax advisor for more information on exact tax rates and other tax liabilities.
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