Togo Tax Tables 2024 - Tax Rates and Thresholds in Togo

This page contains the tax table information used for the calculation of tax and payroll deductions in Togo in 2024. These tax tables are used for the tax and payroll calculators published on iCalculator™ TG, 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 Togo or would like to add to or suggest amendments to the information herein then please contact us.

Togo Personal Income Tax Tables in 2024

The Income tax rates and personal allowances in Togo 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 Togo Tax Calculator 2024.

In Togo, social security deductions made by both employees and employers are generally deductible when calculating taxable income. This means that the amounts contributed towards the social security system can be subtracted from the gross income of both individuals and businesses before the income tax is calculated. This provision aims to encourage participation in the social security system, ensuring that taxpayers are not taxed on the portion of their income allocated to mandatory social security contributions.

Togo Social Security and Payroll Deduction Rates in 2024

In Togo, the social security system is designed to provide a safety net for workers and their families, covering various risks and life events such as illness, old age, and work-related injuries. Both employees and employers are required to make contributions to this system, which is managed by the National Social Security Fund (Caisse Nationale de Sécurité Sociale - CNSS). This collaborative effort ensures that workers are supported in times of need, contributing to the overall social welfare of the Togolese population.

Employee Contributions

Employees in Togo contribute to the social security system through deductions from their salaries. These contributions help fund retirement pensions, healthcare benefits, and other social security benefits. By contributing a portion of their income, employees gain entitlement to a range of benefits, providing them with financial security and support in various circumstances.

Employer Contributions

Employers play a crucial role in the Togolese social security system by making contributions on behalf of their employees. These contributions are typically higher than those made by employees and are directed towards the same set of benefits. Employer contributions ensure the sustainability of the social security system, allowing it to offer comprehensive coverage to the workforce.

Retirement Pensions

One of the primary benefits funded by social security contributions in Togo is the retirement pension. This benefit provides a monthly income to individuals who have reached retirement age, helping to ensure their financial independence and dignity in old age. The pension amount is determined by the individual's earnings and the length of their contribution period.

Healthcare Benefits

Healthcare benefits are another critical component of the social security system in Togo. Contributions fund access to medical care, including hospitalization, treatment, and preventive services. These benefits are designed to alleviate the financial burden of healthcare on individuals and families, ensuring that all workers have access to necessary medical services.

Family Allowances

Family allowances provide financial support to employees with dependent children. This benefit helps cover the costs associated with raising children, such as education, healthcare, and daily living expenses. Family allowances are a key feature of Togo's social security system, promoting the well-being of workers' families.

Work-related Injury and Illness Benefits

The social security system in Togo also provides benefits for work-related injuries and illnesses. These benefits offer compensation and cover medical expenses for employees who suffer from conditions directly related to their employment. This protection ensures that workers are not left vulnerable due to occupational hazards.

In conclusion, the social security and payroll deduction system in Togo plays a vital role in protecting the workforce and supporting the country's social welfare. Through the contributions of both employees and employers, the system funds a range of benefits that provide security and assistance during critical moments in workers' lives. This comprehensive support framework is central to promoting social cohesion and economic stability in Togo.

Togo VAT Rates in 2024

VAT rates for Togo are reviewed annually, you can use the VAT Calculator to calculate VAT due in Togo or use the Reverse VAT Calculator to calculate the net cost of goods/services after deducting VAT.

Historic Tax Tables supported for Togo

The following tax tables are supported by iCalculator™ TG as part of the suite of free tax tools we provide for Togo.