Employer Tax Contributions

Tax Type	Rate	Base
Wage Tax	Progressive (0% to 10%)	Employee's gross salary
General Old Age Pension (AOV)	Approximately 3%	Employee's gross salary (up to maximum)
General Widow and Orphan Fund (AWW)	Approximately 0.5%	Employee's gross salary (up to maximum)
State Health Insurance Fund (SZF)	0% to 10%	Employee's gross salary

Filing & Compliance

• Monthly payroll tax and social security filings are due by the 15th day of the month following the payroll period.
• Annual wage tax reconciliation is typically due around March 31st of the following year.
• Preliminary Corporate Income Tax (CIT) return is due by April 15th of the current calendar year or within 2.5 months after the fiscal year start.

Income Tax Brackets

Income Range	Tax Rate
Up to SRD 2,646	0%
Above SRD 2,646 to SRD 14,002.80	8%
Above SRD 14,002.80 to SRD 21,919.80	18%
Above SRD 32,839.80	38%

Employee Contributions

Deduction Type	Rate	Cap
General Old Age Pension (AOV)	Approximately 5% of gross salary	Maximum monthly income
General Widow and Orphan Fund (AWW)	Approximately 1% of gross salary	Maximum monthly income
State Health Insurance Fund (SZF)	Varies	N/A
Pension Premium	3.5% (in 2023)	SRD 5,000 per month (in 2023)

Personal Allowances

• Basic personal allowance (tax-free threshold of SRD 2,646)
• Fixed deduction for general work expenses: 4% of gross wage, up to SRD 1,200 per year
• Wage tax reduction: up to SRD 50 per month