Govenment Contribution = Gross Salary × 0.14Unemployment Employee Contribution = Gross Salary × 0.01Income Tax Base = Gross Salary - (Government + Unemployment)Net Salary = Gross - Govenment - Unemployment - Income Tax - Stamp Duty + 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 %