Payroll Calculation Formula
Employee Social Security Contribution = Gross Salary × 0.14
Unemployment Employee Contribution = Gross Salary × 0.01
Income Tax Base = Gross Salary - (Social Security + Unemployment)
Net Salary = Gross - Social Security - Unemployment - Income Tax - Stamp + MLA

2025 Income Tax Brackets:

Up to $ 158,000: 15 %
Up to $ 330,000: 20 %
Up to $ 800,000: 27 %
Up to $ 4,300,000: 35 %
Over $ 4,300,000: 40 %

Payroll Calculation

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