Belize: Personal Taxation
Effective from 1 January 2011, a new tier system for personal income tax was introduced. The allowances are as follows:
- BZD25,600 on income not exceeding BZD26,000.
- BZD24,600 on income above BZD26,000 but not exceeding BZD27,000.
- BZD22,600 on income above BZD27,000 but not exceeding BZD29,000.
In the case of all other employed individuals the allowance is BZD19,600.