Normal filing deadline of annual individual income tax report; for example, Individual Income Tax Return for Fiscal Year 2014 should be filed by 31 March 2015. Any underpayment of tax must be settled before submission of the annual tax return, e.g. 30 March 2015 (subject to change as regulated by the tax authority). 31 st December
The table below shows a summary of the taxable income tax bands and applicable rates of tax on an annual basis. Annual income (NGN) Personal income tax (PIT) rate (%) First 300,000. 7.19c for each $1 over $18,200. $45,001 – $120,000. $5,092 plus 32.5c for each $1 over $45,000. $120,001 – $180,000. $29,467 plus 37c for each $1 over $120,000. $180,001 and over. $51,667 plus 45c for each $1 over $180,000. The above rates don't include the Medicare levy of 2%.
For income between IDR 250 million to IDR 500 million, the government imposes a 25% tax rate. If your taxable income exceeds IDR 500 million, the government levies a 30% tax rate. Personal Income Tax Exemption. in Indonesia Based on the regulations, everyone who receives revenue in Indonesia is obliged to pay personal tax.