Trinidad and Tobago

The Trinidad and Tobago Income Tax Act has been amended via the recently proclaimed Finance Act 2022 so that individuals who are resident in Trinidad and Tobago, as well as individuals who are not resident in Trinidad and Tobago and in receipt of pension income accruing or derived from Trinidad and Tobago, are eligible for a personal allowance of 90,000 Trinidad and Tobago dollars (TTD) (previously TTD 84,000).

The effective date of this amendment is 1 January 2023.