🇲🇽 Mexico ISR Calculator

Calculate your net salary in Mexico (ISR) with the latest 2024 tax rates, employment subsidy, and IMSS contributions.

💶 Income Details

Medical expenses, mortgage interest, retirement savings, etc.

results.netMonthlyIncome

$13,200.18

$158,402.18 per year

results.monthlyIsr

$1,443.57

results.annualIsr: $17,322.82

results.imssContribution

$356.25

Effective Tax Rate

12.00%

results.subsidyForEmployment

$354.23

Tax Breakdown

Key Concepts

🇲🇽

ISR (Income Tax)

Impuesto Sobre la Renta (ISR) is Mexico's progressive income tax, with rates ranging from 1.92% to 35%.

🤝

Employment Subsidy

Subsidio al Empleo is a tax credit for lower-income workers that reduces the ISR payable.

🏥

IMSS Contributions

Social security contributions cover healthcare, disability, and retirement benefits.

Tax System Details

descriptions.mexicoIsr

ISR Rates (2024)

Mexico uses a progressive tax scale with rates ranging from 1.92% to 35%. The exact rate depends on your income bracket.

Employment Subsidy

Workers with lower income may receive a subsidy (Subsidio al Empleo) which reduces their tax liability.

IMSS

Social security contributions (IMSS) are deducted from your salary to cover health, disability, and retirement benefits.

Frequently Asked Questions

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faq.whatIsSubsidy.question

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faq.whatIsImss.question

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