Overview of Maldives Salary Calculator
In the Maldives, individuals, regardless of their residence status, are subject to varying tax rates on their taxable income. The tax rates range from 0% for income up to MVR 720,000 to 15% for income exceeding MVR 2,400,000 per tax year.
Effortlessly calculate your income taxes and relevant social security contributions using our Maldives salary calculator.
Calculate Your Maldives Salary After Taxes
To use the Maldives income tax calculator, simply input your gross income and income type to begin.
Notice: This calculator currently computes Personal Income Tax (PIT) and all necessary social security contributions.
Convert Your Salary To MVR
TaxAssist+ from The Next Gen Business is a tax calculation tool, tailored to use each country’s local currency for precision and simplicity.
To fully utilize this feature, please convert your native currency into MVR, ensuring accurate and efficient tax computations.
📌 What Is the Average Salary in Maldives?
Paradise comes at a price in the Maldives, with an average monthly salary of MVR 12,000 (MVR 144,000 annually) often supplemented by tourism.
Paradise comes at a price in Malé, with an average of MVR 12,000 monthly often supplemented by tourism-related income.
📌 What Is the Minimum Wage in Maldives?
The Maldives does not have a general minimum wage; however, government sector workers have a set minimum wage of Rf. 3,100 (USD 242) per month.
📌 What Are The Types of Taxes in Maldives?
Maldives does not levy a personal income tax.
No general corporate tax is imposed.
No VAT or sales tax is applied.
➤ View References
Trading Economics: tradingeconomics.com/country-list/social-security-rate
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