GI · Europe · GIP

Gibraltar

Tax rates

0102030405060World avg (corporate) 22.6%Capital Gains · Wealth Tax — 0%Corporate 15%Income 39%

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Estimate your income tax

Enter a gross annual salary to estimate 2026 national income tax for Gibraltar using verified brackets — total tax, effective and marginal rate, net income, and the per-band breakdown. National income tax only; social contributions and sub-national taxes are excluded unless the notes say otherwise. The full calculator covers every country with verified rates.

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Brackets & notes

Income Tax

Thresholds in GIP
ThresholdRate
GIP 014%
GIP 4,00017%
GIP 16,00039%
Source: PwC Worldwide Tax Summaries — Gibraltar, Individual - Taxes on personal income · as of 2026-03-10

Gibraltar's Allowance Based System, which underlies the entry's headline rate, taxes income after allowances at 14% on the first GBP 4,000, 17% on the next GBP 12,000, and 39% on the balance; taxable income up to GBP 11,450 per annum is fully exempt, with tapering relief up to GBP 19,500. Taxpayers may instead elect the Gross Income Based System, whose marginal rate peaks at 28% before falling to 25% on the remainder of assessable income, if that produces a lower tax.

Gibraltar taxpayers are assessed under whichever of two systems produces the lower tax: the Allowance Based System, a progressive scale topping out at 39%, or the Gross Income Based System, whose marginal rate reaches 28% before falling to 25% on the remainder of assessable income.

Capital Gains Tax

Gibraltar imposes no tax on capital gains, so an individual's gain from selling listed securities is not taxed regardless of holding period. A narrow anti-avoidance tax applies only to gains from selling real estate, or shares in a company holding five or more taxable properties, and does not affect ordinary listed securities.

Wealth Tax

No wealth tax levied. PWC's Individual - Other taxes page for Gibraltar has a dedicated "Wealth tax" subsection stating: "There is no wealth tax in Gibraltar." Gibraltar's estate duty, inheritance tax, and stamp duty are separate, narrower levies and are not net wealth taxes.