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Tax Rates

Tax Rates for Basis Year 1998 

TAX RATES

        Chargeable Income  (Lm)

    From                                   To                                       Rate                                        Subtract (Lm)

Single Rates​ ​ ​
​0 ​3,000 ​                     0% ​                          0
​3,001 ​4,000 ​15% ​  450
​4,001 ​                  5,000 ​ 20%   ​650
​              5,001 ​                  6,500 ​                     25% ​                         900
​              6,501 ​                  8,000 ​                     30% ​                        1,225
​              8,001 ​               and over ​                     35% ​                        1,625
​Married Rates
​0 ​4,000 ​0% ​0
​4,001 ​5,500 ​15% ​600
​5,501 ​7,000 ​20% ​875
​7,001 ​8,500 ​25% ​1,225
​8,501 ​10,000 ​30% ​1,650
10,001​ ​and over 35%​ 2,150​

  

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