Aruba Publishes Individual Income Tax Table for 2021 Including Rate Cut

Aruba has published the individual income tax / wage tax table for 2021, which includes a 2% reduction in the first and second brackets as compared to 2020, while the bracket thresholds remain the same. The brackets and rates for 2021 are as follows:

• up to AWG 34,930 - 12%
• over AWG 34,930 to 65,904 - 23%
• over AWG 65,904 to 147,454 - 42%
• over AWG 147,454 - 52%

Tax is calculated according to the above rates after the deduction of the tax-free amount, which is AWG 28,861 for 2021 (same as 20…