Employer Tax Contributions

Tax Type	Rate	Base
Wage Tax	Progressive (0% to 38%)	Employee's gross salary
General Old Age Pension (AOV)	Approximately 5%	Employee's gross salary (up to maximum)
General Widow and Orphan Fund (AWW)	Approximately 1%	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 by January 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 108,000 per year	0%
Above SRD 108,000 to SRD 150,000 per year	8%
Above SRD 150,000 to SRD 192,000 per year	18%
Above SRD 192,000 to SRD 234,000 per year	28%
Above SRD 234,000 per year	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%	SRD 1,575 per month

Personal Allowances

• Basic personal allowance (tax-free threshold of SRD 108,000 per year)
• 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