Papua New Guinea

Tax credits are also known as rebates in Papua New Guinea.

Dependant rebates

The allowable dependant rebates are available for resident individuals in Papua New Guinea rare as follows:

• First dependant: 15% of gross tax capped at PGK 450.
• Second and third dependants: 10% of gross tax capped at PGK 300.

The maximum rebate available to an individual is PGK 1,050 per annum (i.e. no rebates are available for more than three dependants).

A dependant is a person whose separate net income does not exceed PGK 1,040 in the year and who is either:

• a spouse of the taxpayer
• an unmarried child of the taxpayer of less than 16 years of age
• a student receiving full-time education who is over 16, but less than 25, years of age, or
• a PNG resident parent of the taxpayer or the taxpayer's spouse.