El Salvador Tax Tables 2022 - Tax Rates and Thresholds in El Salvador
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This page contains the tax table information used for the calculation of tax and payroll deductions in El Salvador in 2022. These tax tables are used for the tax and payroll calculators published on iCalculator™ SV, these tools are provided for your free use on our website. If you would like additional tax table information added to the tax calculators for El Salvador or would like to add to or suggest amendments to the information herein then please contact us.
2022 Tax Tables [Quick Links]
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El Salvador Personal Income Tax Tables in 2022
The Income tax rates and personal allowances in El Salvador are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the El Salvador Tax Calculator 2022.
El Salvador Residents Income Tax Tables in 2022
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 0% | Income from $ 0.000.00 | to | $ 4,064.00 |
| 10% | Income from $ 4,064.01 | to | $ 9,142.86 |
| 20% | Income from $ 9,142.87 | to | $ 22,857.14 |
| 30% | Income from $ 22,857.15 | | and above |
El Salvador Non-residents Income Tax Tables in 2022
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 30% | Flat rate on all taxable income |
In El Salvador, social security deductions made by employees are generally not deductible for the purpose of calculating taxable income. This means that when individuals compute their income tax, the contributions towards social security are not subtracted from their gross salary. Instead, these contributions are considered a separate obligation, with the taxable income calculation based primarily on gross earnings before any social security deductions are applied.
El Salvador Social Security and Payroll Deduction Rates in 2022
In El Salvador, the social security and payroll deduction system is a crucial part of the employment landscape, designed to provide a safety net for employees across various life events. These deductions from salaries fund essential services and benefits, including healthcare, pensions, and risk coverage. This system is supported by contributions from both employees and employers, underpinning the social welfare framework of the country.
El Salvador Social Security in 2022: Rates for Employers and Employees| Category | Employee | Employer | Total |
|---|
| Social Security | 3% | 7.5% | 10.5% |
| Pension Contributions (AEP) | 7.25% | 8.75% | 16% |
| INESAFORP | 0% | 1% | 1% |
El Salvador Social Security and Payroll Deduction in 2022: Earnings Thresholds for Employers and Employees| Category | Employee | Employer |
|---|
| Min. | Max. | Min. | Max. |
|---|
| Social Security | n/a | $ 12,000.00 | n/a | $ 12,000.00 |
| Pension Contributions (AEP) | n/a | n/a | n/a | $ 74,549.14 |
| INESAFORP | n/a | n/a | n/a | $ 12,000.00 |
The contributions made by employees and employers to El Salvador's social security system play a vital role in ensuring the health, financial security, and overall welfare of the working population and their families. By providing a comprehensive range of benefits, the system supports individuals through various stages of life and work, contributing to a stable and secure society.
El Salvador VAT Rates in 2022
VAT rates for El Salvador are reviewed annually, you can use the VAT Calculator to calculate VAT due in El Salvador or use the Reverse VAT Calculator to calculate the net cost of goods/services after deducting VAT.
El Salvador VAT Rates| VAT Rate | VAT Description |
|---|
| 0% | Zero Rated (Exports) |
| 13% | Standard Rate |
Historic Tax Tables supported for El Salvador
The following tax tables are supported by iCalculator™ SV as part of the suite of free tax tools we provide for El Salvador.