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๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico Statutory Tax System โ€ข MXN

Mexico Salary & Take-Home Calculator

Mexican progressive income tax (ISR) rates from 1.92% up to 35% with IMSS social security contributions.

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Enter pre-tax earnings before statutory deductions

$
$ 0$ 40,000$ 80,000
Quick Select:
Estimated Take-Home Paycheck (MONTHLY)
$ 17,029

After all national taxes (Mexico) & mandatory social security

Gross Earnings$ 20,000
Income Tax- $ 2,416
Pension / Social- $ 555
Effective Tax Rate12.08%
Take-Home85.1%Keep Ratio
Net Take-Home Pay
17,029 (85.1%)
Income Tax (PAYE)
- 2,416 (12.1%)
Social / Pension
- 555 (2.8%)
Total Gross Salary 20,000

Multi-Frequency Paycheck Conversion Table

FrequencyGross PayIncome TaxSocial / PensionNet Take-Home
Annual$ 240,000- $ 28,990- $ 6,660$ 204,350
Monthly$ 20,000- $ 2,416- $ 555$ 17,029
Bi-Weekly$ 9,231- $ 1,115- $ 256$ 7,860
Weekly$ 4,615- $ 558- $ 128$ 3,930
Daily (260d)$ 923- $ 112- $ 26$ 786
Hourly (2080h)$ 115- $ 14- $ 3$ 98
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โš–๏ธ Mexico Legal Framework

Administered by Servicio de Administraciรณn Tributaria (SAT) under Ley del Impuesto sobre la Renta (LISR).

๐Ÿ“Š Official Marginal Tax Brackets

Taxable Range (MXN) Marginal Rate
Up to $9,960 (1.92%) 1.9%
$9,961 โ€“ $84,540 (6.4%) 6.4%
$84,541 โ€“ $148,590 (10.88%) 10.9%
$148,591 โ€“ $172,740 (16%) 16.0%
$172,741 โ€“ $206,850 (17.92%) 17.9%
$206,851 โ€“ $417,200 (21.36%) 21.4%
$417,201 โ€“ $657,500 (23.52%) 23.5%
$657,501 โ€“ $1,255,400 (30%) 30.0%
$1,255,401 โ€“ $3,766,000 (34%) 34.0%
Over $3,766,000 (35%) 35.0%

Frequently Asked Questions about Mexico Taxes

Statutory answers regarding PAYE, payroll withholding, and social security.

How is employment income tax calculated in Mexico? โ†“

Mexican progressive income tax (ISR) rates from 1.92% up to 35% with IMSS social security contributions. The primary tax authority is Servicio de Administraciรณn Tributaria (SAT).

What are the statutory deductions in Mexico? โ†“

Statutory deductions include income tax and social contributions (IMSS Social Security: 2.8%).