British Indian Ocean Territory Tax Tables 2024 - Tax Rates and Thresholds in British Indian Ocean Territory

This page contains the tax table information used for the calculation of tax and payroll deductions in British Indian Ocean Territory in 2024. These tax tables are used for the tax and payroll calculators published on iCalculator™ IO, 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 British Indian Ocean Territory or would like to add to or suggest amendments to the information herein then please contact us.

British Indian Ocean Territory Personal Income Tax Tables in 2024

The Income tax rates and personal allowances in British Indian Ocean Territory 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 British Indian Ocean Territory Tax Calculator 2024.

British Indian Ocean Territory Social Security and Payroll Deduction Rates in 2024

In the British Indian Ocean Territory (BIOT), the traditional concepts of social security and payroll deductions are not applicable in the conventional sense. This is primarily due to the unique political and economic status of the territory, which does not have a permanent civilian population or a civilian economy.

The primary presence in BIOT is the United States military base on Diego Garcia. For military and contract personnel working on the base, social security and payroll deductions are typically governed by the regulations of their respective countries of origin or the terms of their employment contracts. These contributions might include pension funds, healthcare benefits, and other standard employment-related benefits, but they are not managed or mandated by BIOT's local administration.

As such, there are no specific social security elements within BIOT that fund public services or social welfare programs typically found in other countries or territories. The financial and social welfare provisions for individuals working in BIOT are largely dependent on their employer's policies and the regulations of their home countries.

Historic Tax Tables supported for British Indian Ocean Territory

The following tax tables are supported by iCalculator™ IO as part of the suite of free tax tools we provide for British Indian Ocean Territory.