Different tax rates are monitored and administered by our Ministry
- Income Tax Rates
- PAYE Rates
- Petroleum Rates
- Customs Duties
- Excise Tax Rates (Imports and Domestically manufactured goods)
- Value Added Goods & Services Tax Rates
Income Tax Rates
A resident company is charged at the rate of 27% in its global taxable income while non-resident is charged at the rate of 27% on its taxable income derived from the Samoa source. Note that company income tax rate was 29% but now reduced to 27% as from 01 January 2007.
Small Business Tax
The taxable income of the sole trader is subject to income tax at progressive rates set out in the Income Tax Rates 1974, depending on the level of taxable income (or net profit) derived by the taxpayers. Note that there is now a reduction of the income tax top rate from 29% to 27% and the threshold amount of non taxable income has increased from SAT10,000 to SAT12,000 as from 01 January 2007.
Applicable progressive rates on small business annual income is summarized below which are the same rates applicable for individual's (i.e. employee) salary and wage income.
|Annual Income Earned||Tax Rate|
|Income not exceeding SAT12,000||NIL|
|SAT12,001 - SAT15,000||10%|
|SAT15,001 - SAT20,000||20%|
|Over SAT20, 000||27%|
Salary & Wage Tax Table for Individual Tax Payers
|$0 - $231||Nil||$0 - $462||Nil||$0 - $1,000||Nil||$0 - $12,000||Nil|
|$232 - $289||10%||$463 - $577||10%||$1,001 - $1,250||10%||$12,001 - $15,000||10%|
|$290 - $385||20%||$578 - $770||20%||$1,251 - $1,667||20%||$15,001 - $20,000||20%|
|Over $385||27%||Over %770||27%||Over $1,667||27%||Over $20,000||27%|
The February 2014 rates for VAGST on imported petroleum products as obtained from the Ministry of Finance are as follows
|FROM 01/09/2014||EXCISE TAX||VAGST|
|Motor Spirit (ULP)||0.46||.3569|
|Distillate Fuel (ADO)||0.45||.3739|
|Jet Fuel / Aviation Kerosene (DPK)||0.28||.3489|
Advalorem duty rates are mainly 5%, 8% or 20%.
For specific duty rates or tariff items you can download the tariff manual.
EXCISE TAX RATES (IMPORT AND DOMESTICALLY MANUFACTURED GOODS)
Excise rates imported items and domestically manufactured goods varies depending on the type of products. Download the tariff manual for more details.
VALUE ADDED GOODS & SERVICES TAX (VAGST) RATE
All goods and services are charged 15% VAGST