Mali Tax Tables 2020 - Tax Rates and Thresholds in Mali
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This page contains the tax table information used for the calculation of tax and payroll deductions in Mali in 2020. These tax tables are used for the tax and payroll calculators published on iCalculator™ ML, 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 Mali or would like to add to or suggest amendments to the information herein then please contact us.
2020 Tax Tables [Quick Links]
Related Calculators
Mali Personal Income Tax Tables in 2020
The Income tax rates and personal allowances in Mali 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 Mali Tax Calculator 2020.
Mali Residents Income Tax Tables in 2020
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 0% | Income from $ 0.000.00 | to | $ 330,000.00 |
| 5% | Income from $ 330,000.01 | to | $ 578,400.00 |
| 12% | Income from $ 578,400.01 | to | $ 1,176,400.00 |
| 18% | Income from $ 1,176,400.01 | to | $ 1,789,733.00 |
| 26% | Income from $ 1,789,733.01 | to | $ 2,384,195.00 |
| 31% | Income from $ 2,384,195.01 | to | $ 3,494,130.00 |
| 37% | Income from $ 3,494,130.01 | | and above |
Mali Non-residents Income Tax Tables in 2020
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 0% | Income from $ 0.000.00 | to | $ 330,000.00 |
| 5% | Income from $ 330,000.01 | to | $ 578,400.00 |
| 12% | Income from $ 578,400.01 | to | $ 1,176,400.00 |
| 18% | Income from $ 1,176,400.01 | to | $ 1,789,733.00 |
| 26% | Income from $ 1,789,733.01 | to | $ 2,384,195.00 |
| 31% | Income from $ 2,384,195.01 | to | $ 3,494,130.00 |
| 37% | Income from $ 3,494,130.01 | | and above |
In Mali, social security contributions made by employees are typically deductible from their gross income for the purpose of calculating taxable income. This means that the amounts contributed towards social security by employees can reduce their taxable base, potentially lowering the amount of income tax owed. Such provisions align with Mali's tax system objectives, aiming to encourage participation in the social security system while providing some tax relief to individuals, supporting the overall goal of promoting financial security and welfare for the workforce.
Mali Social Security and Payroll Deduction Rates in 2020
In Mali, the social security system is designed to provide a safety net for employees and their families, covering various aspects of social welfare such as retirement benefits, health insurance, family benefits, and workplace accident insurance. Both employers and employees contribute to this system, ensuring that workers have access to essential services and financial support in times of need.
Mali Social Security in 2020: Rates for Employers and Employees| Category | Employee | Employer | Total |
|---|
| Contribution Forfaitaire | 0% | 3.5% | 3.5% |
| Housing Tax (Taxe-logement TL) | 0% | 3.5% | 3.5% |
| Family Allowances (Prestations familiales) | 0% | 8% | 8% |
| Statutory health insurance (AMO) | 3.06% | 3.5% | 6.56% |
| Work accident/occupational disease (Accidents du travail) | 0% | 4% | 4% |
| Old age insurance | 3.6% | 3.4% | 7% |
| Disability and Death | 0% | 2% | 2% |
| National Employment Agency (APNE) | 0% | 1% | 1% |
Mali Social Security and Payroll Deduction in 2020: Earnings Thresholds for Employers and Employees| Category | Employee | Employer |
|---|
| Min. | Max. | Min. | Max. |
|---|
| Contribution Forfaitaire | n/a | n/a | n/a | n/a |
| Housing Tax (Taxe-logement TL) | n/a | n/a | n/a | n/a |
| Family Allowances (Prestations familiales) | n/a | n/a | n/a | n/a |
| Statutory health insurance (AMO) | n/a | n/a | n/a | n/a |
| Work accident/occupational disease (Accidents du travail) | n/a | n/a | n/a | n/a |
| Old age insurance | n/a | n/a | n/a | n/a |
| Disability and Death | n/a | n/a | n/a | n/a |
| National Employment Agency (APNE) | n/a | n/a | n/a | n/a |
Mali VAT Rates in 2020
VAT rates for Mali are reviewed annually, you can use the VAT Calculator to calculate VAT due in Mali or use the Reverse VAT Calculator to calculate the net cost of goods/services after deducting VAT.
Mali VAT Rates| VAT Rate | VAT Description |
|---|
| 5% | Reduced Rate |
| 18% | Standard Rate |
Historic Tax Tables supported for Mali
The following tax tables are supported by iCalculator™ ML as part of the suite of free tax tools we provide for Mali.