income tax calculator indonesia

This is an income tax calculator for Indonesia. 2880000 wife 2880000 and up to three children Rp.

How To Calculate Income Tax In Excel

Over IDR 250 million- IDR 500 million.

. The calculator only includes the individual tax-free allowance of IDR 24300000. How to calculate the total cost of import in Indonesia To calculate the total import tax you will first need to convert the total value of the goods to Indonesian Rupiah using the following formula. Revenue of Last Year Revenue of The Year Net Profit of The Year Tax of The Year 0 Calculate Notes.

Our payroll software will automatically calculate the income tax for each of the employee according to Indonesian labor law. The calculation only covers the commonly applicable company income tax detailed below. However the exact rate may be increased or decreased to 15 percent or 5 percent according to government regulation.

In term of tax payments individual income tax is collected through third party witholding. TOTAL VALUE IN IDR Total Value in USD Total CIF x IDR exchange rate CIF Freight on Board Insurance Freight Cost x exchange rate. In addition it also calculates salary social security and overtime.

In July 2022 he received a bonus of 15 month salary. Over IDR 500 million. Deductions for an individual are Rp.

And here are examples and simulations of tax calculations that apply in Indonesia. Select a tax calculator from the list below that matches how you get paid or how your salary package is detailed. Thus resident taxpayers have to calculate and settle ie if the Annual Individual Income Tax Return AIITR is showing underpayment amount and submit for the AIITR accordingly.

We also have an import tax calculator that allows you to estimate all taxes associated with importing a shipment to Indonesia. VAT on the export of taxable tangible and intangible goods as well as export of services is fixed at 0 percent. Total value in IDR Import Duty x 10.

This means that if you are aware of a 2020 tax exemption or 2020 tax allowance in Indonesia that you are entitled too BUT it isnt listed here that we dont allow for it in this version of the Indonesia Salary Calculator. Indonesian residents qualify for personal tax relief as seen in the table below. An extra 20 is levied on people who do not have a tax number NPWP on top of progressive income tax rates above.

Income Tax in Indonesia in 2022. The Tax tables below include the tax rates thresholds and allowances included in the Indonesia Tax Calculator 2022. In the section we publish all 2020 tax rates and thresholds used within the 2020 Indonesia Salary Calculator.

The rates applied to taxable income are shown below. The Income tax rates and personal allowances in Indonesia are updated annually with new tax tables published for Resident and Non-resident taxpayers. The calculator is designed to be used online with mobile desktop and tablet devices.

Our Corporate Income Tax Calculator is yours to use for free. Average import taxes and customs duty in Indonesia There are 3 tax variables that importers in Indonesia need to know. Annual Salary After Tax Calculator.

Total value in IDR Import Duty x percentage of Income Tax. 01 Sep 2021 Indonesia adopts a self-assessment system. Individual tax rates Indonesian rupiah Tax on severance payments.

And the tax value depends on the hs code of each product with PIB Pemberitahuan Impor Barang information. It will be so much faster and easier guarantee to be accurate and satisfying results for the hiring companies. United States Sales Tax Calculate United States Sales Tax.

Counties cities and districts impose their own local taxes. This calculator uses IDR Indonesian Rupiah. Sales Tax in US varies by location.

While for non-resident taxpayers are subject to final witholding tax of 20 on gross income but may be in lower rate under tax treaty. Non-resident individuals are subject to a general withholding tax WHT at 20 in respect of their Indonesian-sourced income. We have noticed an unusual activity from your IP 407716719 and blocked access to this website.

Total value in IDR x percentage of import duty. Non-residents are subject to a 20 withholding tax on any income sourced within Indonesia. Indonesia Individual - Sample personal income tax calculation Last reviewed - 22 June 2022 For bookcalendar year 2022 Mr.

Quickly estimate your corporate income tax in Indonesia with our simple calculator. X is an employee of PT XYZ and earns a monthly salary of IDR 50 million. Calculate your income tax in Indonesia salary deductions in Indonesia and compare salary after tax for income earned in Indonesia in the 2022 tax year using the Indonesia salary after tax calculators.

Position Expense Biaya Jabatan is a deduction with a maximum 5 from gross income or a maximum of Rp 1296000. Concessions are however available where a DTA is in force. Generally the VAT rate is 10 percent in Indonesia.

There is base sales tax by most of the states. VAT Calculator Indonesia VAT Calculator You can also choose the VAT by clicking the percentages in the tables below. In March 2022 he received a religious holiday allowance of one month salary.

The Annual Wage Calculator is updated with the latest income tax rates in Indonesia for 2022 and is a great calculator for working out your income tax and salary after tax based on a Annual income.

Tax Calculator Compute Your New Income Tax