Chad Tax Tables 2024 - Tax Rates and Thresholds in Chad
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This page contains the tax table information used for the calculation of tax and payroll deductions in Chad in 2024. These tax tables are used for the tax and payroll calculators published on iCalculator™ TD, 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 Chad or would like to add to or suggest amendments to the information herein then please contact us.
2024 Tax Tables [Quick Links]
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Chad Personal Income Tax Tables in 2024
The Income tax rates and personal allowances in Chad 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 Chad Tax Calculator 2024.
Chad Residents Income Tax Tables in 2024
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 0% | Income from ₣ 0.000.00 | to | ₣ 800,000.00 |
| 10% | Income from ₣ 800,000.01 | to | ₣ 2,500,000.00 |
| 20% | Income from ₣ 2,500,000.01 | to | ₣ 7,500,000.00 |
| 30% | Income from ₣ 7,500,000.01 | | and above |
Chad Non-residents Income Tax Tables in 2024
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 0% | Income from ₣ 0.000.00 | to | ₣ 800,000.00 |
| 10% | Income from ₣ 800,000.01 | to | ₣ 2,500,000.00 |
| 20% | Income from ₣ 2,500,000.01 | to | ₣ 7,500,000.00 |
| 30% | Income from ₣ 7,500,000.01 | | and above |
In Chad, social security deductions made by employees are typically considered deductible when calculating taxable income. This means that the contributions towards social security can be subtracted from an individual's gross income before the income tax is calculated. This provision is designed to lower the taxable income of employees, potentially reducing the amount of income tax they owe, thereby indirectly incentivizing participation in the social security system and ensuring individuals are not taxed on the portion of their income set aside for social security contributions.
Chad Social Security and Payroll Deduction Rates in 2024
In Chad, the social security and payroll deduction system plays a pivotal role in ensuring the welfare of the workforce and their families. This system comprises various contributions made by both employees and employers, funding a range of benefits and services designed to provide financial security in cases of retirement, health issues, and other social needs.
Chad Social Security in 2024: Rates for Employers and Employees| Category | Employee | Employer | Total |
|---|
| Pension, Incapacity and Death Insurance | 3.5% | 5% | 8.5% |
| Family and Maternity Insurance | 0% | 7.5% | 7.5% |
| Occupational Accidents and Professional Diseases | 0% | 4% | 4% |
Chad Social Security and Payroll Deduction in 2024: Earnings Thresholds for Employers and Employees| Category | Employee | Employer |
|---|
| Min. | Max. | Min. | Max. |
|---|
| Pension, Incapacity and Death Insurance | n/a | ₣ 6,000,000.00 | n/a | ₣ 6,000,000.00 |
| Family and Maternity Insurance | n/a | n/a | n/a | ₣ 6,000,000.00 |
| Occupational Accidents and Professional Diseases | n/a | n/a | n/a | ₣ 6,000,000.00 |
Employee Contributions
Employees in Chad contribute to the social security system through payroll deductions. These contributions are designed to fund their future entitlements to benefits such as retirement pensions, healthcare, and family allowances. The system ensures that employees are supported during times of need, such as illness or work-related injuries, through their own contributions during their working life.
Employer Contributions
Employers in Chad also make significant contributions to the social security system on behalf of their employees. These contributions are higher than those made by employees and are directed towards the same set of benefits. Employer contributions ensure a stable funding base for the social security system, allowing it to provide the necessary services and benefits to the workforce and their dependents.
Retirement Pensions
One of the key components of the social security system in Chad is the provision of retirement pensions. These pensions provide financial support to individuals who have reached retirement age, ensuring they have a source of income even after ending their active working life. The contributions made during an employee's career fund these pensions.
Healthcare Benefits
Healthcare benefits are another crucial element funded by social security contributions in Chad. These benefits cover a portion of the medical expenses for employees and their families, including hospitalization, treatment, and sometimes prescription drugs. The aim is to alleviate the financial burden of healthcare costs on individuals, ensuring access to necessary medical services.
Family Allowances
Family allowances constitute an essential part of the social security benefits, providing financial support to employees for their dependents. These allowances help cover the costs associated with raising children, such as education, healthcare, and daily living expenses, promoting the well-being of the worker's family.
Work-related Injury and Illness Benefits
Benefits for work-related injuries and illnesses are also provided under Chad's social security system. These benefits offer compensation and cover medical costs for employees who suffer from injuries or illnesses directly related to their job. This protection ensures that employees are not left financially vulnerable due to work-related health issues.
In conclusion, the social security and payroll deduction system in Chad is designed to provide comprehensive coverage for the workforce, ensuring financial security and access to essential services. Both employee and employer contributions fund a wide range of benefits, including retirement pensions, healthcare, family allowances, and work-related injury and illness benefits. This system plays a critical role in supporting the social and economic welfare of the country's population.
Chad VAT Rates in 2024
VAT rates for Chad are reviewed annually, you can use the VAT Calculator to calculate VAT due in Chad or use the Reverse VAT Calculator to calculate the net cost of goods/services after deducting VAT.
Chad VAT Rates| VAT Rate | VAT Description |
|---|
| 0% | Zero Rated |
| 9% | Reduced Rate |
| 18% | Standard Rate |
Historic Tax Tables supported for Chad
The following tax tables are supported by iCalculator™ TD as part of the suite of free tax tools we provide for Chad.