Inland Revenue Department (IRD) • CIT 25% • UBT 2%
Antigua Corporate Tax & Business Tax Calculator
Calculate statutory Corporate Income Tax (25%), Unincorporated Business Tax (UBT), loss relief limits, and quarterly advance tax installments in EC$ and USD.
Corporate & Business Tax Structure in Antigua & Barbuda
Business taxation in Antigua and Barbuda is administered by the Inland Revenue Department (IRD) under the Income Tax Act (Cap. 212) and the Unincorporated Business Tax Act.
1. Corporate Income Tax (CIT):
- Standard Rate: 25% on chargeable net profits of incorporated entities.
- Quarterly Advance Installments: Companies must pay advance tax in 4 quarterly installments due on March 31, June 30, September 30, and December 31.
- Loss Carryforward: Business losses can be carried forward for up to 6 years, provided that the deduction in any single tax year cannot reduce taxable profit by more than 50%.
2. Unincorporated Business Tax (UBT):
- Levied on individuals operating sole proprietorships or partnerships with annual turnover exceeding EC$ 60,000.
- The standard rate is 2% on gross taxable receipts (or alternative sliding net profit scale).
📊 Antigua Statutory Payroll & Tax Breakdown Matrix
| Statutory Component / Legal Deduction Item | Calculated Amount (XCD) |
|---|---|
| Primary Net / Statutory Payable Amount | $0.00 |
MS
Engr. Muhammad Shahzad
Principal Financial Systems Architect & Eastern Caribbean Fiscal & Labour Code Specialist
Lead software and systems architect specializing in high-performance browser computing, algorithmic validation, financial models, and zero-telemetry client-side privacy architecture.