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Grenada Salary Calculator 2026 - Income Tax + NIS

Free Grenada salary calculator (2026): estimate take-home pay for employees and the self-employed. Income tax 10/28% with the XCD 36,000 allowance, plus NIS 5%. Educational, not tax advice.

Simon Bodych

by Simon Bodych

Methodology & sources

Methodology - Grenada (2026)

Educational model - not an Inland Revenue assessment, not a tax return, not tax advice. Currency XCD (East Caribbean dollar).

Employee (income tax + NIS)

  • Income tax is progressive on annual chargeable income: 10% on the first XCD 24,000; 28% above.
  • Personal allowance: XCD 36,000/year, deducted before the brackets. Other reliefs are out of scope.
  • NIS (National Insurance Scheme): employee 5% and employer 6%, on insurable earnings capped at XCD 5,000/month (so at most XCD 250/month). The employee NIS is deductible before income tax.
  • Chargeable income = annual gross - employee NIS - personal allowance.

Sources: Ministry of Finance Grenada - personal income tax, Inland Revenue Division Grenada.

Self-employed (sole proprietor)

  • Self-employed business income is taxed on the same progressive scale on annual net profit (revenue minus actual expenses) after the XCD 36,000 personal allowance.

Inland Revenue Division Grenada.