Individual - Significant developments

Last reviewed - 14 February 2024

Myanmar's personal income tax (PIT) rates for individual taxpayers are progressive. Prior to 1 October 2021, Myanmar followed a progressive tax rate starting at 0% and ending at 25% above 30 million Myanmar kyats (MMK). With effect from 1 October 2021, the threshold amounts for tax rate brackets have increased, and the highest tax rate of 25% shall apply to taxable income above MMK 70 million.