Rwanda
Rwanda calculators
With the values in force in Rwanda, the source of each one and the date we checked it.
Official data, updated automatically
An automated process checks the official sources every day. Rule changes go live after we verify them.
- Last review of the rules
- Latest automatic figure
- BNR average exchange rate, Rwandan francs per US dollar,
- Official sources
- 20 official documents
Pay and work
Pay and extras
- Net salary calculator RwandaEnter your gross monthly salary and see what reaches your account. Every deduction is listed the way it shows on your payslip.
- Annual leave calculator RwandaThe labour law gives every employee paid annual leave that grows with each month worked. Enter your months and years of service to see your days.
- Hourly to salary calculatorHow much is your salary per hour? What does an hourly offer come to per year? Enter an amount, pick the period and we show all the others.
- Pay raise calculatorYou have been offered a raise, or you are about to ask for one. Enter your pay and the raise, as a percentage or an amount, and see how much changes each month and year.
- Time card calculatorPick the start and end time for each day, your unpaid break and your hourly pay. We show total hours, overtime and your pay for the week.
Leaving a job
- Notice period calculator RwandaEnding an employment contract of indefinite duration needs notice. Enter how long you have worked and see the legal minimum and the salary it covers.
- Terminal benefits calculator RwandaWhen a contract ends for economic reasons, a technological change or long sickness, the labour law sets a minimum payment called terminal benefits.
Taxes
- PAYE calculator RwandaEnter your gross pay for the month and see how much PAYE comes off it. PAYE is the income tax your employer deducts and pays to the Rwanda Revenue Authority for you.
- RSSB contribution calculatorEnter a gross monthly salary and see every RSSB contribution, who pays it and the total the employer declares.
- VAT calculator RwandaValue added tax in Rwanda is charged at 18% on most goods and services, imports included. Enter a price to add VAT or to see how much VAT it contains.
- Small business tax calculator RwandaSmall traders in Rwanda do not need full accounts to pay income tax. The tax depends on annual turnover. Enter yours to see the amount and the regime.
Money and indexes
Money and indexes
- USD to RWF converterConvert between Rwandan francs, US dollars and euros with the official average rate published by the National Bank of Rwanda (BNR).
- Inflation calculator RwandaPrices rise over time, so a franc buys less each year. Enter an amount and the month it is from to see its value in today's francs.
Loans, savings and investing
- Loan calculatorBefore you sign for a loan, two numbers matter: what you pay each month and what the loan costs you in interest.
- APR to APY calculatorTwo offers with the same rate can cost different amounts. The difference is how often interest is charged or paid.
- Mortgage calculatorA mortgage is the biggest debt most households ever take on. It pays to see the full numbers before you talk to a lender.
- Rent vs buy calculatorComparing the mortgage payment with the rent is not enough. Buyers pay interest, upkeep and property tax, but they end up owning the home. Renters can keep the down payment invested.
- Compound interest calculatorWith compound interest, the interest is added to your balance and starts earning interest of its own. That is why savings grow faster and faster.
- Simple interest calculatorSimple interest is always worked out on the original principal: interest is not added to the balance during the term.
- Savings goal calculatorA trip, a car, a deposit on a home or a cushion for surprises. A goal with an amount and a date is much easier to hit.
- Retirement savings calculatorA state pension often is not enough to keep your standard of living. Savings of your own, even small ones, make a big difference if you start early.
- Credit card payoff calculatorA credit card is usually the most expensive debt you have. Paying only the minimum stretches it out for years and piles on interest.
- 50/30/20 budget calculatorThe 50/30/20 rule is a simple way to plan your month. Half goes to essentials, 30% to things you enjoy and 20% to savings.
- Emergency fund calculatorAn emergency fund is money set aside for what you can't plan for: losing your job, a health problem or an urgent home repair.
- Car cost calculatorMost people know what they spend on fuel. Few add up insurance, maintenance, parking and, above all, the value the car loses every year.
Business and self-employment
- ROI calculatorA 50% gain sounds great, but it is not the same over 2 years as over 10. To compare investments you need the return per year.
- Profit margin calculatorMargin and markup get mixed up all the time, and the difference can cost you money. Both measure the same profit, but against a different base.
- Break-even calculatorThe break-even point is the level of sales where a business neither makes nor loses money. Below it you lose, above it you start to profit.
- Freelance rate calculatorThe most common freelance mistake is taking the salary you would want as an employee and dividing it by 160 hours. That leaves out taxes, expenses, vacation and every hour you can't bill.
Other calculators
- Unfair dismissal compensation calculator RwandaIf a court finds your dismissal unfair, the labour law sets a floor and a ceiling for the damages. Enter your salary and years of service to see both.
- Sick leave calculator RwandaThe labour law has two kinds of sick leave. Short-term leave covers up to 15 days; anything longer needs a medical committee. See how many months are paid.
- Maternity leave calculator RwandaWorking mothers in Rwanda get 14 weeks of maternity leave on full salary. Enter the day your leave starts to see when it ends and when you go back.
- Withholding tax calculator RwandaWithholding tax is taken at source: the payer keeps part of the payment and sends it to the RRA. Choose the type of payment to see the tax and what the payee receives.
- Rental income tax calculator RwandaIf you rent out a house, flat, shop or plot as an individual, you pay rental income tax to your district through the RRA. Enter the rent for the year to see the tax.
- Capital gains tax calculator RwandaWhen you sell or transfer shares or similar assets for more than you paid, the gain is taxed at 10%. Enter the price you sold at and what you paid.
- Business income tax calculator RwandaBusinesses on the real regime pay income tax on their actual profit. Choose whether you are a company or an individual and enter the taxable profit for the year.
- Property tax calculator RwandaOwners of buildings and plots pay immovable property tax to their district every year. Choose what you own and enter its value or area.
- Property sale tax calculator RwandaSelling a house, a building or a plot in Rwanda carries a tax paid to the district. Enter the sale value to see what is due.
- Trading licence calculator RwandaEvery business that opens in a district pays a trading licence tax to that district. Choose your activity, or enter last year's turnover, to see the amount.
- Tax penalty calculator RwandaPaying tax late costs an administrative fine and interest for each month. Enter the tax, how late you are and whether the return was filed on time.
- Road maintenance levy calculator RwandaOwners of motor vehicles pay a yearly levy for road maintenance to the RRA. The amount depends only on the vehicle category. Choose it to see what you owe.
- Tourism tax calculator RwandaHotels, lodges and other places to stay in Rwanda charge a tourism tax on accommodation. Enter the nightly rate and the nights to see it.