What this calculator includes
- SSF: you pay 11% of basic salary and your employer adds 20%. Contributions are deductible, and the 1% social security tax is waived.
- Provident fund: 10% from you and 10% from your employer, plus 8.33% gratuity from your employer.
- CIT: optional extra saving in the Citizen Investment Trust, also deductible within the limit.
- The employer’s share is added to your income and then deducted as a retirement contribution, as the tax rules require.
Take-home pay is basic plus allowances, minus your own contribution, CIT and the monthly share of income tax. The festival allowance is paid once a year, so it isn’t in the monthly take-home. This is an estimate; your payslip may differ because of overtime, other allowances or deductions.
Just need the tax? Use the income tax calculator.