Saint Martin Tax Tables 2023 - Tax Rates and Thresholds in Saint Martin
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This page contains the tax table information used for the calculation of tax and payroll deductions in Saint Martin in 2023. These tax tables are used for the tax and payroll calculators published on iCalculator™ MF, 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 Saint Martin or would like to add to or suggest amendments to the information herein then please contact us.
2023 Tax Tables [Quick Links]
Related Calculators
Saint Martin Personal Income Tax Tables in 2023
The Income tax rates and personal allowances in Saint Martin 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 Saint Martin Tax Calculator 2023.
Saint Martin Residents Income Tax Tables in 2023
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 12.5% | Income from $ 0.000.00 | to | $ 31,837.00 |
| 20% | Income from $ 31,837.01 | to | $ 47,756.00 |
| 25.25% | Income from $ 47,756.01 | to | $ 66,328.00 |
| 33.75% | Income from $ 66,328.01 | to | $ 99,490.00 |
| 40% | Income from $ 99,490.01 | to | $ 140,612.00 |
| 47.5% | Income from $ 140,612.01 | | and above |
Saint Martin Non-residents Income Tax Tables in 2023
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 12.5% | Income from $ 0.000.00 | to | $ 31,837.00 |
| 20% | Income from $ 31,837.01 | to | $ 47,756.00 |
| 25.25% | Income from $ 47,756.01 | to | $ 66,328.00 |
| 33.75% | Income from $ 66,328.01 | to | $ 99,490.00 |
| 40% | Income from $ 99,490.01 | to | $ 140,612.00 |
| 47.5% | Income from $ 140,612.01 | | and above |
In Saint Martin, the treatment of social security deductions in relation to taxable income calculation can vary between the French and Dutch sides due to their distinct legal and tax systems. On the French side, Saint-Martin, social security contributions made by employees are generally deductible from their taxable income, aligning with French tax regulations. This means that these contributions can reduce the amount of income subject to tax. Conversely, in Dutch Sint Maarten, the deductibility of social security contributions from taxable income may differ, following the specific tax laws and regulations of the Netherlands. It's important for residents and employers on both sides of the island to consult local tax laws or a tax professional to understand the specific implications for their taxable income calculations.
Saint Martin Social Security and Payroll Deduction Rates in 2023
In Saint Martin, the system of social security and payroll deductions is influenced by the island's unique status, divided between French Saint-Martin and Dutch Sint Maarten. Each side of the island adheres to its respective national policies, resulting in distinct social security systems that fund various public and social services. Understanding these contributions is essential for both employees and employers operating within Saint Martin.
Saint Martin Social Security in 2023: Rates for Employers and Employees| Category | Employee | Employer | Total |
|---|
| Old Age Pension (AOV) | 6% | 9% | 15% |
| Widows and Orphans (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% |
Saint Martin Social Security and Payroll Deduction in 2023: Earnings Thresholds for Employers and Employees| Category | Employee | Employer |
|---|
| Min. | Max. | Min. | Max. |
|---|
| Old Age Pension (AOV) | n/a | n/a | n/a | n/a |
| Widows and Orphans (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 |
Saint Martin VAT Rates in 2023
VAT rates for Saint Martin are reviewed annually, you can use the VAT Calculator to calculate VAT due in Saint Martin or use the Reverse VAT Calculator to calculate the net cost of goods/services after deducting VAT.
Saint Martin VAT Rates| VAT Rate | VAT Description |
|---|
| 5% | Standard Rate |
Historic Tax Tables supported for Saint Martin
The following tax tables are supported by iCalculator™ MF as part of the suite of free tax tools we provide for Saint Martin.