Venezuela Salary Calculator 2026
Free Venezuela salary calculator (2026): estimate take-home pay for employees and the self-employed. Educational, not tax advice.
by Simon Bodych
Methodology & sources
Methodology - Venezuela (2026)
Educational model - not tax advice. Currency VES. Income tax follows the Impuesto Sobre la Renta (ISLR) Tarifa No. 1; brackets are denominated in Unidades Tributarias (U.T. = 43 VES) and converted to VES.
Employee (contrato de trabajo)
- Income-tax brackets are legally denominated in Unidades Tributarias (U.T.), not VES. The current U.T. value is 43 VES (Providencia SNAT/2025/000048, Gaceta Oficial 43.140 of 2 June 2025). Every U.T. threshold is multiplied by 43 to obtain the VES bracket boundaries.
- ISLR (Tarifa No. 1, Art 50 LISLR) is progressive: 6%, 9%, 12%, 16%, 20%, 24%, 29% and 34%, applied to the annual net global income. The taxable base is the annual gross less the desgravamen unico (774 U.T. = 33,282 VES, Art 61), then the tax is reduced by the rebaja personal of 10 U.T. (430 VES, Art 62), floored at zero. This models the standard single resident.
- Employee social contributions: Seguro Social Obligatorio (SSO/IVSS) 4% of salario normal, base capped at 5 minimum wages/month (annual base cap 7,800 VES); Regimen Prestacional de Empleo (Paro Forzoso) 0.5%, base capped at 10 minimum wages/month (annual base cap 15,600 VES); FAOV/BANAVIH 1% of salario integral, no cap.
- Employer cost: SSO/IVSS 10% of salario normal (medium-risk default; 9% minimum to 11% maximum by risk class, capped) + Paro Forzoso 2% (capped) + FAOV/BANAVIH 2% (no cap) + INCES 2% of salaries for entities with more than 5 workers (no cap).
- Provisional / hyperinflation note: the 130 VES minimum wage (anchored since 2022) and the 43 VES U.T. are economically nominal and revised irregularly. Real worker income is delivered largely through non-taxable, non-salary bonuses (Bono de Guerra Economica, cestaticket) that fall outside the salary contribution base and ISLR salary withholding, so a gross-to-net on the salary base understates real take-home.
- Out of scope: rebaja por carga familiar (10 U.T. per dependent), itemized desgravamenes (Art 60), the non-resident flat 34% withholding, and the salary-vs-bonus split.
Sources: Ley de Impuesto Sobre la Renta (LISLR), Providencia SNAT/2025/000048 - U.T. 43 VES, Ley del Seguro Social (IVSS).
Self-employed (trabajador por cuenta propia)
- Net business profit is revenue minus deductible expenses. The taxable base is the profit less the desgravamen unico (774 U.T. = 33,282 VES, Art 61 LISLR), then the same Tarifa No. 1 (6/9/12/16/20/24/29/34%, Art 50) applies, reduced by the rebaja personal of 10 U.T. (430 VES, Art 62), floored at zero.
- Social contributions: zero in the mandatory-only model. IVSS affiliation for the self-employed is voluntary (afiliacion facultativa); if elected the individual bears the full 13% (base capped at 5 minimum wages/month). This option is out of scope.
- Out of scope: the voluntary IVSS facultativa 13%, itemized business deductions (Art 27), the declaracion estimada above 1,500 U.T. of estimated profit (Art 82-83), rebaja por carga familiar, and the non-resident flat 34%.
Ley de Impuesto Sobre la Renta (LISLR), Providencia SNAT/2025/000048 - U.T. 43 VES.