Estonia Income Tax Rates for 2024

Estonia Income Tax Brackets

Estonia has a flat income tax rate of 21.00% applicable to all people, regardless of income level.

How does the Estonia Income Tax compare to the rest of the world?

Estonia has one of the lowest income taxes in the world, charging a maximum income tax of 21.00%. Countries with similar tax brackets include Norway with a maximum tax bracket of 24.55%, Sweden with a maximum tax bracket of 25.00% and Spain with a maximum tax bracket of 27.13%. Keep in mind that our ranking measures only nationwide income taxes, and does not account for local income taxes at state, province, or municipal levels.

Maximum Income Tax	Income Tax Allowance	World Tax Rank
21.00%	1,728 ($0 USD)	30th of 34

What is the Estonia Income Tax?

Estonia's personal income tax is a flat-rate income tax that must be paid yearly by all citizens to the government of Estonia. Failure to pay, or underpayment of, the Estonia income tax can result in high fees, fines, or jail time.

In addition to Estonia's income tax, other taxes may apply to wages or profits earned, including social services, medical care, and capital gains taxes.

Estonia Income Tax Allowance

Estonia provides most taxpayers with an income tax allowance of 1,728, which can be kept as a tax-free personal allowance. Estonia's tax credit is a basic (fixed) allowance available to all (single) taxpayers without dependents.

A tax credit is a fixed amount of money that may be kept by taxpayers without paying any income taxes. Generally, a tax credit is subtracted from your gross income before your taxable income is calculated.