Yemen Tax Tables 2020 - Tax Rates and Thresholds in Yemen
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This page contains the tax table information used for the calculation of tax and payroll deductions in Yemen in 2020. These tax tables are used for the tax and payroll calculators published on iCalculator™ YE, these tools are provided for your free use on our website. If you would like additional tax table information added to the tax calculators for Yemen or would like to add to or suggest amendments to the information herein then please contact us.
2020 Tax Tables [Quick Links]
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Yemen Personal Income Tax Tables in 2020
The Income tax rates and personal allowances in Yemen are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the Yemen Tax Calculator 2020.
Yemen Residents Income Tax Tables in 2020
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 0% | Income from ﷼ 0.000.00 | to | ﷼ 120,000.00 |
| 10% | Income from ﷼ 120,000.01 | to | ﷼ 240,000.00 |
| 15% | Income from ﷼ 240,000.01 | | and above |
Yemen Non-residents Income Tax Tables in 2020
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 20% | Flat rate on all taxable income |
Yemen Social Security and Payroll Deduction Rates in 2020
In Yemen, the social security system is designed to provide financial protection and support to employees and their families in cases of retirement, disability, sickness, and unemployment. Both employees and employers contribute to this system, with specific deductions made from payroll to fund these essential social security programs. These contributions play a significant role in ensuring that workers have access to necessary benefits throughout various stages of their life and in different circumstances.
Yemen Social Security in 2020: Rates for Employers and Employees| Category | Employee | Employer | Total |
|---|
| General Corporation for Social Security (GCSS) | 6% | 9% | 15% |
Yemen Social Security and Payroll Deduction in 2020: Earnings Thresholds for Employers and Employees| Category | Employee | Employer |
|---|
| Min. | Max. | Min. | Max. |
|---|
| General Corporation for Social Security (GCSS) | n/a | n/a | n/a | n/a |
Overall, the social security and payroll deduction system in Yemen is integral to protecting workers and their families from various life risks. By contributing to this system, employers and employees invest in a safety net that provides financial security and support when it's most needed. While the system faces challenges, including funding and coverage, it remains a cornerstone of the social contract between the government, the workforce, and employers.
Historic Tax Tables supported for Yemen
The following tax tables are supported by iCalculator™ YE as part of the suite of free tax tools we provide for Yemen.