Turks and Caicos Islands

Individual - Other taxes

Last reviewed - 13 January 2020

Social security and national heath contributions

Social security and national health contributions are payable by employees, employers, and self-employed individuals at a range of rates that are varied from time to time.

Consumption taxes

Consumption taxes are not applicable in general. However, restaurants and bars will charge tax.

Net wealth/worth taxes

There are no net wealth/worth taxes in the Turks and Caicos Islands.

Inheritance, estate, and gift taxes

There are no inheritance, estate, or gift taxes in the Turks and Caicos Islands.

Property taxes

There are no property taxes in the Turks and Caicos Islands.

Luxury and excise taxes

There are no luxury or excise taxes in the Turks and Caicos Islands.

Other non-income taxes

Taxes are payable by the owners and collected by the government on property rentals and restaurant/bar sales.