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Aruba Publishes Individual Income Tax Table for 2021 Including Rate Cut

31 December 2020

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Approved Changes

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Aruba

Aruba has published the individual income tax / wage tax table for 2021, which includes a 2% reduction in the first and second brackets as compared to 2020, while the bracket thresholds remain the same. The brackets and rates for 2021 are as follows: up to AWG 34,930 - 12% over AWG 34,930 to 65,904 - 23% over AWG 65,904 to 147,454 - 42% over AWG 147,454 - 52% Tax is calculated according to the above rates after the deduction of the tax-free amount, which is AWG 28,861 for 2021 (same as 2020).