The Honduras revenue administration (SAR) has announced the progressive individual income tax brackets and rates with effect from 1 January 2022: up to HNL 181,274.56 - 0% HNL 181,274.57 up to 276,411.57 - 15% HNL 276,411.58 up to 642,817.63 - 20% HNL 642,817.64 and over - 25% In addition to the brackets/rates, the monthly salary exemption has been set at HNL 18,439.55 for 2022.