Trinidad and Tobago
Sources and data for Trinidad and Tobago
Every value the calculators use, with its effective dates and a link to the official source.
Personal allowance (resident individual)
- Current value
- TT$90,000
- From
- 1 January 2023
- Checked on
- 27 October 2026
Income tax rate on chargeable income up to the higher band
- Current value
- 25%
- From
- 1 January 2026
- Checked on
- 27 October 2026
Income tax rate on chargeable income above the higher band
- Current value
- 30%
- From
- 1 January 2026
- Checked on
- 27 October 2026
Chargeable income taxed at the lower rate
- Current value
- TT$1,000,000
- From
- 1 January 2026
- Checked on
- 27 October 2026
Share of employee NIS contributions you can deduct
- Current value
- 70%
- From
- 1 January 2022
- Checked on
- 27 October 2026
Limit on the deduction for pension plans, annuities and 70% of NIS
- Current value
- TT$60,000
- From
- 1 January 2022
- Checked on
- 27 October 2026
Tax exemption for severance payments
- Current value
- TT$500,000
- From
- 30 November 2018
- Checked on
- 27 October 2026
Health Surcharge, higher weekly rate
- Current value
- TT$8.25
- From
- 1 January 2026
- Checked on
- 27 October 2026
Health Surcharge, lower weekly rate
- Current value
- TT$4.80
- From
- 1 January 2026
- Checked on
- 27 October 2026
Monthly emoluments above which the higher Health Surcharge applies
- Current value
- TT$469.99
- From
- 1 January 2026
- Checked on
- 27 October 2026
Weekly emoluments above which the higher Health Surcharge applies
- Current value
- TT$109
- From
- 1 January 2026
- Checked on
- 27 October 2026
NIS employee contribution a week, by weekly earnings
- Current value
Table with 16 brackets
TT$200 / TT$339.99 0% 14.60 TT$340 / TT$449.99 0% 21.30 TT$450 / TT$609.99 0% 28.60 TT$610 / TT$759.99 0% 37.00 TT$760 / TT$929.99 0% 45.60 TT$930 / TT$1,119.99 0% 55.40 TT$1,120 / TT$1,299.99 0% 65.30 TT$1,300 / TT$1,489.99 0% 75.30 TT$1,490 / TT$1,709.99 0% 86.40 TT$1,710 / TT$1,909.99 0% 97.70 TT$1,910 / TT$2,139.99 0% 109.40 TT$2,140 / TT$2,379.99 0% 122.00 TT$2,380 / TT$2,629.99 0% 135.30 TT$2,630 / TT$2,919.99 0% 149.90 TT$2,920 / TT$3,137.99 0% 163.60 TT$3,138 + 0% 169.50 - From
- 5 January 2026
- Checked on
- 27 October 2026
NIS employer contribution a week, by weekly earnings
- Current value
Table with 16 brackets
TT$200 / TT$339.99 0% 29.20 TT$340 / TT$449.99 0% 42.60 TT$450 / TT$609.99 0% 57.20 TT$610 / TT$759.99 0% 74.00 TT$760 / TT$929.99 0% 91.20 TT$930 / TT$1,119.99 0% 110.80 TT$1,120 / TT$1,299.99 0% 130.60 TT$1,300 / TT$1,489.99 0% 150.60 TT$1,490 / TT$1,709.99 0% 172.80 TT$1,710 / TT$1,909.99 0% 195.40 TT$1,910 / TT$2,139.99 0% 218.80 TT$2,140 / TT$2,379.99 0% 244.00 TT$2,380 / TT$2,629.99 0% 270.60 TT$2,630 / TT$2,919.99 0% 299.80 TT$2,920 / TT$3,137.99 0% 327.20 TT$3,138 + 0% 339.00 - From
- 5 January 2026
- Checked on
- 27 October 2026
NIS employee contribution a week, by monthly earnings
- Current value
Table with 16 brackets
TT$867 / TT$1,472.99 0% 14.60 TT$1,473 / TT$1,949.99 0% 21.30 TT$1,950 / TT$2,642.99 0% 28.60 TT$2,643 / TT$3,292.99 0% 37.00 TT$3,293 / TT$4,029.99 0% 45.60 TT$4,030 / TT$4,852.99 0% 55.40 TT$4,853 / TT$5,632.99 0% 65.30 TT$5,633 / TT$6,456.99 0% 75.30 TT$6,457 / TT$7,409.99 0% 86.40 TT$7,410 / TT$8,276.99 0% 97.70 TT$8,277 / TT$9,272.99 0% 109.40 TT$9,273 / TT$10,312.99 0% 122.00 TT$10,313 / TT$11,396.99 0% 135.30 TT$11,397 / TT$12,652.99 0% 149.90 TT$12,653 / TT$13,599.99 0% 163.60 TT$13,600 + 0% 169.50 - From
- 5 January 2026
- Checked on
- 27 October 2026
NIS employer contribution a week, by monthly earnings
- Current value
Table with 16 brackets
TT$867 / TT$1,472.99 0% 29.20 TT$1,473 / TT$1,949.99 0% 42.60 TT$1,950 / TT$2,642.99 0% 57.20 TT$2,643 / TT$3,292.99 0% 74.00 TT$3,293 / TT$4,029.99 0% 91.20 TT$4,030 / TT$4,852.99 0% 110.80 TT$4,853 / TT$5,632.99 0% 130.60 TT$5,633 / TT$6,456.99 0% 150.60 TT$6,457 / TT$7,409.99 0% 172.80 TT$7,410 / TT$8,276.99 0% 195.40 TT$8,277 / TT$9,272.99 0% 218.80 TT$9,273 / TT$10,312.99 0% 244.00 TT$10,313 / TT$11,396.99 0% 270.60 TT$11,397 / TT$12,652.99 0% 299.80 TT$12,653 / TT$13,599.99 0% 327.20 TT$13,600 + 0% 339.00 - From
- 5 January 2026
- Checked on
- 27 October 2026
National minimum wage per hour
- Current value
- TT$20.50
- From
- 1 January 2024
- Checked on
- 27 October 2026
National minimum wage for an 8-hour day
- Current value
- TT$164
- From
- 1 January 2024
- Checked on
- 27 October 2026
National minimum wage for a 40-hour week
- Current value
- TT$820
- From
- 1 January 2024
- Checked on
- 27 October 2026
National minimum wage for a month (173.3334 hours)
- Current value
- TT$3,553.33
- From
- 1 January 2024
- Checked on
- 27 October 2026
VAT standard rate
- Current value
- 12.5%
- From
- 1 January 2026
- Checked on
- 27 October 2026
VAT registration threshold (supplies in 12 months)
- Current value
- TT$600,000
- From
- 1 January 2026
- Checked on
- 27 October 2026
Stamp duty on residential property with a dwelling house
- Current value
Table with 4 brackets
TT$0 / TT$850,000 0% TT$850,000 / TT$1,250,000 3% TT$1,250,000 / TT$1,750,000 5% TT$1,750,000 + 7.5% - From
- 1 October 2008
- Source
- Inland Revenue Division, Ministry of FinanceStamp Duty Rates (with effect from October 1st 2008)
- Checked on
- 27 October 2026
Stamp duty on residential land only
- Current value
Table with 4 brackets
TT$0 / TT$450,000 0% TT$450,000 / TT$650,000 2% TT$650,000 / TT$850,000 5% TT$850,000 + 7% - From
- 1 October 2008
- Source
- Inland Revenue Division, Ministry of FinanceStamp Duty Rates (with effect from October 1st 2008)
- Checked on
- 27 October 2026
Stamp duty exemption for first-time homeowners (house and land)
- Current value
- TT$1,500,000
- From
- 1 January 2019
- Checked on
- 27 October 2026
Maternity leave
- Current value
- 14 weeks
- From
- 1 January 2012
- Checked on
- 27 October 2026
Weeks before the expected birth when leave can start
- Current value
- 6 weeks
- From
- 1 January 2012
- Checked on
- 27 October 2026
Months of maternity leave the employer pays in full
- Current value
- 1 month
- From
- 1 January 2012
- Checked on
- 27 October 2026
Months of maternity leave the employer pays at half pay
- Current value
- 2 months
- From
- 1 January 2012
- Checked on
- 27 October 2026
Values that update automatically
Central Bank buying rate, TT dollars per US dollar
- Current value
- TT$6.7503
- Latest figure
- 12 November 2026
Central Bank selling rate, TT dollars per US dollar
- Current value
- TT$6.7626
- Latest figure
- 12 November 2026
Central Bank buying rate, TT dollars per Canadian dollar
- Current value
- TT$4.6396
- Latest figure
- 12 November 2026
Central Bank selling rate, TT dollars per Canadian dollar
- Current value
- TT$5.1236
- Latest figure
- 12 November 2026
Central Bank buying rate, TT dollars per pound sterling
- Current value
- TT$8.9807
- Latest figure
- 12 November 2026
Central Bank selling rate, TT dollars per pound sterling
- Current value
- No verified figure for today
Central Bank buying rate, TT dollars per euro
- Current value
- TT$7.8543
- Latest figure
- 12 November 2026
Central Bank selling rate, TT dollars per euro
- Current value
- TT$8.2443
- Latest figure
- 11 November 2026