Salary calculator Trinidad and Tobago

Put in your gross monthly salary and see what lands in your account on payday. Each statutory deduction shows on its own line, the way it appears on your payslip.

The figures follow the rules of the Inland Revenue Division (IRD) and the National Insurance Board (NIBTT) in force today.

How it's calculated

NIS: your monthly pay puts you in one of 16 earnings classes. You pay the weekly amount for your class once for every Monday in the month. In the top class it is TT$169.50 a week.
Health Surcharge: TT$8.25 a week if you earn more than TT$469.99 a month, TT$4.80 a week if you earn less.
Chargeable income: a year of salary less the personal allowance of TT$90,000 and 70% of your NIS plus pension contributions, up to TT$60,000 for both.
PAYE: 25% of chargeable income up to TT$1,000,000 and 30% above that, spread over 12 months.

An example

On TT$15,000 a month in a month with four Mondays you pay NIS of TT$678, Health Surcharge of TT$33 and PAYE of TT$1,746.46. You take home TT$12,542.54.

Frequently asked questions

How much can I earn before paying income tax?

The personal allowance is TT$90,000 a year, so one twelfth of it is tax-free each month. Because part of your NIS is deductible too, PAYE starts a little above that.

Why is my NIS higher in some months?

NIS is a weekly contribution. Your employer deducts one for each Monday in the pay month, so a month with five Mondays has one extra week of NIS.

Who does not pay Health Surcharge?

It is not deducted from employees under 16, people aged 60 and over, or anyone whose only income is a pension.

Why is my payslip different?

Your employer may also deduct union dues, credit union savings, loans or group health insurance. If you claimed other deductions on your TD1, such as tertiary education or a first home, your PAYE will be lower.

Key terms

PAYE: Pay As You Earn. Income tax your employer takes from each pay and sends to the Board of Inland Revenue.
NIS: National Insurance. It pays retirement pensions, sickness, maternity and other benefits.
Health Surcharge: A fixed weekly charge on employment income that helps fund public health care.
TD1: The form you give your employer so PAYE takes your allowances and deductions into account.