Salary Information
Monthly Allowances
Salary Summary
Base Salary
2,500,000 IQD
Total Allowances
200,000 IQD
Total Income
2,700,000 IQD
Deductions
Social Security (SOS)
125,000 IQD
Taxable Amount
1,050,000 IQD
Income Tax
125,000 IQD
Total Deductions
250,000 IQD
Your Net Salary
2,450,000 IQD
Social Security minimums:
- South/Central Iraq: 350,000 IQD/month
- Kurdistan Region: 450,000 IQD/month
How It Works
- Total Base Salary is your core monthly salary before any allowances
- Social Security (SOS) is calculated as:
- 5% of Total Monthly Base Salary for South/Central Iraq
- 5% of (Base Salary Percentage) for Kurdistan Region.
- Taxable Amount is calculated after deducting SOS and non-taxable portions.
- Income Tax uses progressive brackets (3%, 5%, 10%, 15%) for South/Central Iraq and a flat 5% for Kurdistan region.
- In Kurdistan Region, a portion of your salary (up to 30%) is considered tax-exempt allowance.
- All Additional Allowances are added to your total income and are taxable above 1,000,000 IQD in Kurdistan region.