The table, and how it actually applies
| Gross monthly salary | Rate on the excess |
|---|---|
| Up to ₡918,000 | Not subject |
| On the excess over ₡918,000 up to ₡1,347,000 | 10 % |
| On the excess over ₡1,347,000 up to ₡2,364,000 | 15 % |
| On the excess over ₡2,364,000 up to ₡4,727,000 | 20 % |
| On the excess over ₡4,727,000 | 25 % |
The credits for children and spouse
They do not apply by themselves: they depend on what the employee declares to the employer. If nobody claims them, nobody applies them.
It is not a company expense
It is a withholding. The amount was already inside the gross salary, which is an expense; the employer separates it, holds it in a payable account and remits it to the tax authority. In the entry it goes to the credit side, against “salary tax withheld, payable”, and it reduces the net the employee receives.
The final settlement case
The Christmas bonus does not count
The aguinaldo is exempt from income tax and carries no social security. It is not added to the month's salary for withholding purposes. How it is calculated.
How it is calculated in practice
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Employee by employee
The tax is personal: it is calculated on each worker's salary with their own bands and their own credits. It cannot be worked out from the payroll total.
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The results are added up
The month's total is what is declared and paid, and what goes into the entry as a withholding.
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It is remitted to the tax authority
The payable is cleared by that remittance. A leftover balance means someone withheld and did not remit.
The bands next to the entry
The year's bands and credits stay to hand while the payroll is recorded, and the withholding lands in its own payable account.
See how it worksAbout this article. The bands and credits are those of the 2026 tax period, published by the tax authority. They are updated each year by decree: confirm the period's figures before applying them.
Verified as of 24 September 2026. Tax rules change. This is information, not tax advice.
Sources: Ministry of Finance Current legal texts (Sinalevi)