How will the salary be calculated in 2022?
If we look at our salary calculation block for 2021, we will see that the change in the salary calculation is only the expiration of the grace period in the capacity of the Compulsory Medical Insurance (CMI). Since then, this discount has been abolished and is calculated at 2%, respectively.
The tables below show the relevant deductions for labor in the non-oil and gas and private sectors and in the public and oil sectors.
Salary calculation in non-oil and gas and private sector:
Non-oil and gas and private sector | |
At the expense of the employee | At the expense of the company |
Income tax 8000AZN up to salary 0 AZN 14% of the upper part of the salary of 8000 AZN SSPF retention 3% AZN up to 200 AZN salary, 10% of the upper part of 200 AZN salary Unemployment insurance 0.5% of salary To the trade union Definite% Compulsory health insurance 2% up to 8000 AZN, 2% of the part above 8000 AZN | No income tax is levied SSPF retention 22% AZN up to 200 AZN salary, 15% above 200 AZN salary Unemployment insurance 0.5% of salary To the trade union Definite% Compulsory insurance 2% up to 8000 AZN, 2% of the part above 8000 AZN |
Salary calculation in oil and gas and public sector
Oil and gas and the public sector | |
At the expense of the employee | At the expense of the company |
İncome taxes If the salary (taxable) is up to 2500 AZN (salary-200) * 14% If the salary (taxable) is more than 2500 AZN 350+ (salary-2500) * 25% SSPF allocation is 3% of salary Unemployment insurance 0.5% % Determined by trade union Compulsory health insurance 2% up to 8000 AZN, 0.5% of the part above 8000 AZN | Income tax is not calculated SSPF allocation is 22% of salary Unemployment insurance 0.5% % Determined by trade union Compulsory health insurance 2% up to 8000 AZN, 0.5% of the part above 8000 AZN |
Example of salary calculation for 2022:
The employee's salary is AZN 570 and he works in the non-oil and gas and private sectors | |
At the expense of the employee | At the expense of the company |
Income Tax = 0 AZN DSMF = 200 * 3% + (570-200) * 10% = 43 AZN Unemployment insurance = 570 * 0.5% = 2.85 AZN İTS = 570 * 2% = 11,4 AZN | Income Tax = 0 AZN DSMF = 200 * 22% + (570-200) * 15% = 99.5 AZN Unemployment insurance = 570 * 0.5% = 2.85 AZN İTS = 570 * 2% = 11,4 AZN |
