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Honduras Individual Income Tax Brackets/Rates for 2020

|Approved Changes|Honduras
Honduras

The Honduras revenue administration (SAR) has announced the progressive individual income tax brackets and rates with effect from 1 January 2020:

  • up to HNL 165,482.06 - 0%
  • HNL 165,482.07 up to 252,330.80 - 15%
  • HNL 252,330.81 up to 586,815.84 - 20%
  • HNL 586,815.85 and over - 25%

In addition to the brackets/rates, the monthly salary exemption has been set at HNL 17,123.50 for 2020.

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