On 3 August 2026, the Inland Revenue Department notified the applicable income tax rates for natural persons for the fiscal year 2083/84 (2026‑2027). The notice provides the slab‑based rates that individuals must use when calculating their annual tax liability.
Key Takeaways
- Rate Structure: The notice confirms the progressive tax brackets, ranging from 1 % for the lowest income slab up to 30 % for the highest earners, preserving the existing fiscal policy.
- Filing Implications: Taxpayers must apply these rates when preparing their annual returns due after the close of the fiscal year, affecting both advance tax calculations and final settlement.
- Administrative Clarity: By publishing the rates early, the department aids employers and payroll agents in configuring accurate withholding tax deductions throughout the year.
Disclaimer:This article is compiled and summarized based on publicly available information and is for general information and academic exchange purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. For tax planning, please consult a qualified professional tax advisor or legal counsel.
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