Sint Maarten Tax Tables 2024 - Tax Rates and Thresholds in Sint Maarten
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This page contains the tax table information used for the calculation of tax and payroll deductions in Sint Maarten in 2024. These tax tables are used for the tax and payroll calculators published on iCalculator™ SX, these tools are provided for your free use on our website. If you would like additional tax table information added to the tax calculators for Sint Maarten or would like to add to or suggest amendments to the information herein then please contact us.
2024 Tax Tables [Quick Links]
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Sint Maarten Personal Income Tax Tables in 2024
The Income tax rates and personal allowances in Sint Maarten are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the Sint Maarten Tax Calculator 2024.
Sint Maarten Residents Income Tax Tables in 2024
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 12.5% | Income from $ 0.000.00 | to | $ 32,722.00 |
| 20% | Income from $ 32,722.01 | to | $ 49,084.00 |
| 26.25% | Income from $ 49,084.01 | to | $ 68,172.00 |
| 33.75% | Income from $ 68,172.01 | to | $ 102,255.00 |
| 40% | Income from $ 102,255.01 | to | $ 144,521.00 |
| 47.5% | Income from $ 144,521.01 | | and above |
Sint Maarten Non-residents Income Tax Tables in 2024
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 12.5% | Income from $ 0.000.00 | to | $ 32,722.00 |
| 20% | Income from $ 32,722.01 | to | $ 49,084.00 |
| 26.25% | Income from $ 49,084.01 | to | $ 68,172.00 |
| 33.75% | Income from $ 68,172.01 | to | $ 102,255.00 |
| 40% | Income from $ 102,255.01 | to | $ 144,521.00 |
| 47.5% | Income from $ 144,521.01 | | and above |
Sint Maarten Social Security and Payroll Deduction Rates in 2024
Sint Maarten Social Security in 2024: Rates for Employers and Employees| Category | Employee | Employer | Total |
|---|
| Pension Contributions (AOV) | 6% | 9% | 15% |
| General Widows and Orphans Insurance (AWW) | 0.5% | 0.5% | 1% |
| Sickness Insurance (BVZ) | 4.3% | 9.3% | 13.6% |
| Extraordinary Sickness Insurance (AVBZ) | 1.5% | 0.5% | 2% |
| Health Insurance (ZV) | 0% | 1.9% | 1.9% |
| Disability Insurance (OV) | 0% | 5% | 5% |
Sint Maarten Social Security and Payroll Deduction in 2024: Earnings Thresholds for Employers and Employees| Category | Employee | Employer |
|---|
| Min. | Max. | Min. | Max. |
|---|
| Pension Contributions (AOV) | n/a | n/a | n/a | n/a |
| General Widows and Orphans Insurance (AWW) | n/a | n/a | n/a | n/a |
| Sickness Insurance (BVZ) | n/a | n/a | n/a | n/a |
| Extraordinary Sickness Insurance (AVBZ) | n/a | n/a | n/a | n/a |
| Health Insurance (ZV) | n/a | n/a | n/a | n/a |
| Disability Insurance (OV) | n/a | n/a | n/a | n/a |
In Sint Maarten (Dutch Part), the social security and payroll deduction system plays a pivotal role in providing a safety net for employees, while also ensuring that employers contribute to the welfare of their workforce. This system is designed to offer protection and support through various stages of an employee's life, including retirement, healthcare needs, and disability.
Pension Contributions
Pension contributions are a fundamental aspect of social security in Sint Maarten, aimed at providing employees with financial stability upon retirement. Both employers and employees contribute to this fund, which is then managed to provide retirement benefits. This ensures that retirees can enjoy a measure of financial independence and security in their later years.
Healthcare Insurance
Contributions to healthcare insurance are mandatory for both employees and employers in Sint Maarten. These contributions fund the national healthcare system, which provides a wide range of medical services to insured individuals. Coverage includes doctor visits, hospital care, prescriptions, and maternity care, ensuring comprehensive healthcare services are accessible to all.
Disability Insurance
Disability insurance contributions provide financial support to employees who are unable to work due to a disability. This system is designed to offer a safety net for workers who face unexpected health challenges, ensuring they continue to receive a portion of their income and can cover their living expenses.
Accident Insurance
Accident insurance is another critical component, offering protection to employees who suffer from work-related injuries or illnesses. Funded by employer contributions, this insurance covers medical treatment, rehabilitation, and compensates for lost income during recovery periods, ensuring employees are supported in case of workplace accidents.
Unemployment Benefits
While the specifics can vary, unemployment benefits in Sint Maarten aim to provide temporary financial assistance to individuals who have lost their jobs through no fault of their own. These benefits help unemployed workers support themselves while seeking new employment, contributing to economic stability and reducing the impact of job loss.
The social security and payroll deduction system in Sint Maarten (Dutch Part) reflects the government's commitment to safeguarding the welfare and financial security of its workforce. By providing for retirement, healthcare, disability, and unemployment, the system ensures a comprehensive safety net for employees, fostering a resilient and supported workforce.
Sint Maarten VAT Rates in 2024
VAT rates for Sint Maarten are reviewed annually, you can use the VAT Calculator to calculate VAT due in Sint Maarten or use the Reverse VAT Calculator to calculate the net cost of goods/services after deducting VAT.
Sint Maarten VAT Rates| VAT Rate | VAT Description |
|---|
| 0% | Zero Rated |
| 5% | Standard Rate |
Historic Tax Tables supported for Sint Maarten
The following tax tables are supported by iCalculator™ SX as part of the suite of free tax tools we provide for Sint Maarten.