Lebanon Tax Tables 2024 - Tax Rates and Thresholds in Lebanon

This page contains the tax table information used for the calculation of tax and payroll deductions in Lebanon in 2024. These tax tables are used for the tax and payroll calculators published on iCalculator™ LB, 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 Lebanon or would like to add to or suggest amendments to the information herein then please contact us.

Lebanon Personal Income Tax Tables in 2024

The Income tax rates and personal allowances in Lebanon 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 Lebanon Tax Calculator 2024.

Lebanon provides annual "Standard Deductions" that are deducted from your total income to produce your taxable income in Lebanon in 2024:

Personal Allowance, Child Tax Allowance and Marriage Allowances in Lebanon in 2024

Lebanon has a personal tax allowance of LBP 7,500,000.00 in 2024, in addition, married tax filers can claim an additional LBP 2,500,000.00 per annum or LBP 208,333.33 per month if their spouse is unemployed.

Lebanon has a family tax relief mechanism and grants child tax allowance at the rate of LBP 500,000.00 per child in 2024, tax filers can claim upto a maximum of 5 children in 2024 providing a maximum tax relief of LBP 2,500,000.00.

In Lebanon, social security contributions made by employees are also deductible for the purpose of calculating taxable income. This means that the amounts contributed by employees towards the social security system can be subtracted from their gross income before personal income tax is calculated. This deduction helps to lower the taxable income of employees, potentially reducing their overall tax liability. By allowing these deductions, the Lebanese tax system provides a financial incentive for participation in the social security system, while also acknowledging the importance of these contributions in supporting the social welfare framework of the country.

Lebanon Social Security and Payroll Deduction Rates in 2024

In Lebanon, the social security system encompasses a range of contributions made by both employers and employees, designed to provide financial protection and support across various life events. This system includes contributions towards end-of-service indemnity, health and maternity benefits, family allowances, and sickness and accident benefits.

End-of-Service Indemnity: This component acts as a retirement benefit or severance pay, providing employees with a lump sum payment upon termination of service, based on the total duration of employment and the average of the last salaries.

Health and Maternity Benefits: Contributions fund the healthcare needs of employees and their families, covering medical expenses, hospitalization, and maternity care. This ensures that workers have access to necessary medical services without bearing the full cost.

Family Allowances: This element provides financial support to employees with families, contributing towards the costs associated with raising children, including education and healthcare.

Sickness and Accident Benefits: Contributions cover employees in case of sickness or work-related accidents, providing them with income support during periods of inability to work and covering medical treatment costs.

The social security system in Lebanon is integral to the country's labor laws, aiming to safeguard the welfare of workers and their families. By mandating contributions from both employers and employees, the system ensures a collective approach to social welfare, offering a safety net that supports individuals through various stages of their work life and beyond.

Lebanon VAT Rates in 2024

VAT rates for Lebanon are reviewed annually, you can use the VAT Calculator to calculate VAT due in Lebanon or use the Reverse VAT Calculator to calculate the net cost of goods/services after deducting VAT.

Historic Tax Tables supported for Lebanon

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