IRD PAYE • National Insurance Services (NIS 4.5%) • EC$22,000 Personal Allowance
Saint Vincent Salary & PAYE Tax Calculator
Calculate employee net take-home pay, statutory NIS pension contributions (4.5%), IRD progressive PAYE income tax, and total employer payroll costs in Eastern Caribbean Dollars (EC$) and USD.
Saint Vincent Payroll & Statutory Deductions Guide
Employment compensation in Saint Vincent and the Grenadines is governed by the Income Tax Act Cap. 435 administered by the Inland Revenue Department (IRD) and the National Insurance Services (NIS) Act.
National Insurance Services (NIS)
- Employee Contribution: 4.5% of gross insurable wages.
- Employer Contribution: 4.5% of gross insurable wages.
- Ceiling: Maximum insurable monthly earnings capped at EC$ 4,333.33 (EC$ 1,000/wk = max deduction of EC$ 195.00 each).
- Benefits: Covers retirement pension, invalidity, sickness, employment injury, and maternity allowance.
PAYE Tax Brackets (Annual Chargeable)
- Tax-Free Allowance: Up to EC$ 22,000 per year is 100% tax-free.
- First EC$ 5,000 Chargeable: 10% tax rate.
- Next EC$ 5,000 Chargeable (EC$5k-10k): 20% tax rate.
- Over EC$ 10,000 Chargeable: 30% top marginal rate.
📊 Inland Revenue Department (IRD) & National Insurance Services (NIS) Matrix
| Statutory Component / Legal Deduction Item | Calculated Amount (XCD) |
|---|---|
| Primary Net / Statutory Payable Amount | $0.00 XCD |
MS
Engr. Muhammad Shahzad
Principal Financial Systems Architect & Saint Vincent and the Grenadines IRD & NIS Lead Architect
Lead software and systems architect specializing in high-performance browser computing, algorithmic validation, financial models, and zero-telemetry client-side privacy architecture.