🇬🇩 How tax works
in Grenada.
PIT after 2017/2019 rate reforms · Income tax guide
The calculation, explained.
Resident personal income tax: first XCD 36,000 exempt; 10% on XCD 36,001–60,000 (Finance Ministry notice effective 1 Jan 2017); 28% above XCD 60,000 (2019 reduction from 30%, World Bank fiscal incidence review).
Some IRD/finance pages still reprint the pre-reform 15%/30% table. Non-resident withholding at 15% is separate.
Doctors: employment and independent practice
The Grenada comparison is an ordinary resident employment scenario. We have not yet verified a doctor-specific independent-practice regime for this country. Do not apply Indonesia’s NPPN 50% here or enter clinic turnover as salary. Practice deductions, professional contributions and mixed income require additional local research.
Tax brackets · XCD
Each rate applies only to the income inside that band.
| Taxable income slice | Rate |
|---|---|
| 0 – 36,000 | 0.0% |
| 36,000 – 60,000 | 10.0% |
| Above 60,000 | 28.0% |
Your worked example
Based on your €100,000 annual gross salary estimate, equivalent to EC$302,477.
- 1. Annual input
- EC$302,477
- 2. Custom deductible expenses
- − EC$0
- 3. Modeled allowance / base deduction
- − EC$0
- 4. Modeled taxable base
- EC$302,477
| Taxed portion | Rate | Tax |
|---|---|---|
| EC$36,000 | 0.0% | EC$0 |
| EC$24,000 | 10.0% | EC$2,400 |
| EC$242,477 | 28.0% | EC$67,894 |
- 5. Modeled tax credits (capped at tax due)
- − EC$0
- 6. Included additional tax
- EC$0
- 7. Income tax
- EC$70,294
- Effective rate = tax ÷ annual input
- 23.2%
- After income tax, before other deductions
- EC$232,184
Sources & assumptions
Sources checked 12 October 2026. The schedule's tax year is shown above; checking a source does not make a simplified model a complete payroll calculation.
Assumptions: single, no dependent children, age 30+, full-year resident, ordinary employment income only. No capital gains, dividends, special expatriate relief or double-tax treaty adjustments.