PAYE Income Tax ยท NIS National Insurance ๏ฝ Currency: EC$ (East Caribbean Dollar, XCD)
Salary & Parameters
PAYE: annual allowance EC$36,000; then 10% up to EC$60,000; 28% above. NIS is not deductible from PAYE taxable income.
2026 Statutory Rates at a Glance
Employee: NIS 6.25% (no other statutory deductions)
Employer: NIS 7.25%
Combined NIS 13.5% on insurable earnings up to EC$5,200 per month
Income Tax PAYE: 0% / 10% / 28% progressive (EC$36,000 annual allowance)
Results
Monthly Net Take-Home
EC$ 0.00
Annual net EC$ 0.00 ๏ฝ monthly average
Monthly Employer Cost
EC$ 0.00
Salary plus all employer contributions, monthly average
Employee monthly salary allocation
NIS National Insurance (employee)
Income Tax PAYE (employee)
Net PayNISIncome Tax PAYE
Employee Breakdown (Annual)
Amount EC$
Employer Cost Breakdown (Annual)
Amount EC$
2026 Rates & Notes
Item
Employee
Employer
Notes
NIS National Insurance
6.25%
7.25%
Combined 13.5%; capped at insurable earnings of EC$5,200 per month (EC$62,400/year)
Rates per Income Tax (Amendment) Act 2016; NIS is not deductible
Education Levy
โ
โ
No payroll education levy in Grenada
13th Month Pay
Not statutory
Grenada labour law does not mandate a 13th salary
PAYE methodology: annualize gross salary; deduct no NIS; apply 0% up to EC$36,000, 10% from EC$36,001โ60,000, 28% above EC$60,000; divide annual tax by 12 for monthly withholding. NIS is capped on insurable earnings up to EC$5,200 per month.
About the NIS rate: NIS was previously 13.0% (6.0% + 7.0%). Under the 2024โ2031 phased increase, the combined rate rose to 13.5% (employee 6.25% + employer 7.25%) effective January 2026. The official NIS website lists 6.25% + 7.25%.
NIS Grenada โ National Insurance Scheme contribution rates (official)