Nauru Tax Tables 2024 - Tax Rates and Thresholds in Nauru

This page contains the tax table information used for the calculation of tax and payroll deductions in Nauru in 2024. These tax tables are used for the tax and payroll calculators published on iCalculator™ NR, these tools are provided for your free use on our website. If you would like additional tax table information added to the tax calculators for Nauru or would like to add to or suggest amendments to the information herein then please contact us.

Nauru Personal Income Tax Tables in 2024

The Income tax rates and personal allowances in Nauru are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the Nauru Tax Calculator 2024.

Nauru Social Security and Payroll Deduction Rates in 2024

In the small island nation of Nauru, the social security and payroll deductions system reflects the country's unique economic circumstances and workforce needs. Given Nauru's limited economic diversification and its reliance on specific industries over the years, the social security framework has evolved to cater to the essential needs of its population.

Historically, Nauru's economy was predominantly supported by phosphate mining, which provided substantial revenue for the government and shaped the social security benefits available to the citizens. However, as the phosphate resources diminished, Nauru faced the need to reassess its social security system and explore alternative revenue sources to fund it.

The social security system in Nauru primarily focuses on providing for the basic needs of its citizens, including healthcare, education, and welfare assistance for the elderly and those unable to work due to disability. The funding for these services traditionally came from government revenues, with a significant portion derived from the phosphate industry.

Healthcare: Nauru provides healthcare services to its citizens, funded through government revenues. This includes access to the Nauru Hospital and outpatient services, covering general medical care, emergency services, and limited specialized treatments. The focus is on ensuring that all citizens have access to necessary healthcare services without the burden of direct contributions.

Education: The government of Nauru also invests in education, offering free schooling from primary to secondary levels. Funding for educational services comes from general government revenue, aiming to ensure that all children in Nauru receive a basic education.

Welfare Assistance: Welfare assistance in Nauru is provided to the elderly, disabled, and other vulnerable groups within the population. This assistance includes financial aid and support services, aimed at ensuring a basic standard of living for all citizens. The funding for welfare programs is sourced from government revenues, with an emphasis on redistributing resources to support those in need.

In recent years, there has been discussion about the introduction of more formalized social security programs and payroll deductions to better structure the provision of social benefits. This includes considerations for a pension scheme and unemployment benefits, which would require contributions from both employers and employees.

However, the implementation of such programs requires careful planning and consideration of Nauru's economic capacity and the potential impact on employers and the workforce. The government continues to explore options for sustainable social security solutions that can provide long-term benefits to the citizens of Nauru without imposing undue financial burdens.

In conclusion, Nauru's social security and payroll deductions system is currently focused on providing essential services funded through government revenues. As the country continues to navigate its economic challenges, there may be developments in how social security benefits are structured and funded, reflecting the ongoing commitment to the welfare of Nauru's citizens.

Historic Tax Tables supported for Nauru

The following tax tables are supported by iCalculator™ NR as part of the suite of free tax tools we provide for Nauru.