Tax Calculator
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🧮 Business License Fee Calculator
Calculate your business license fee based on turnover
📊 Tax Brackets
Under $100,000
0% (Exempt)
$100,001 - $500,000
0.5%
$500,001 - $5,000,000
0.75%
Over $5,000,000
1.25%
💼 Business License Tax Estimator
This tool is designed to help you estimate your annual Business License Tax in The Bahamas based on the latest available rates under the Business License Act, 2023.
Please Note :
- This is for informational purposes only and does not guarantee the exact amount you will be required to pay.
- The final fee is determined by the Department of Inland Revenue (DIR) based on your actual revenue, business category, and any applicable exemptions.
Using this tool now will help you avoid a sudden shock to your business in March when payment is due. You can equate the expense into your budget and plan ahead accordingly.