DoubleTaxationTaxes on salary: St. Kitts & Nevis preliminary data
How much income tax and social contributions are paid on a salary in St. Kitts & Nevis, what a sole proprietor and a company pay, and which special regimes exist. Preliminary data.
Preliminary data: headline rates from official sources and bulletins of international organisations, without reliefs or special rules; being refined.
Calculation for a gross salary of €60,000 per year
| Gross salary | EC$189,880 ≈ €60,000 |
|---|---|
| Employee contributions | EC$3,900 ≈ €1,232 |
| Take-home pay | EC$185,980 ≈ €58,768 |
| Employer contributions and payroll taxes | EC$10,376 ≈ €3,279 |
| Employer's labour cost | EC$200,257 ≈ €63,279 |
Only some of the country's direct taxes and levies are counted: income tax on wages and compulsory contributions. Not counted: property and real-estate taxes; taxes on dividends, interest and other investment income; inheritance and gift taxes; indirect taxes such as VAT, excise and customs duties.
Taxes for sole proprietors and companies
Tax and contributions on the profit for a year; expenses are 10% of revenue, the company pays its profit out to the owner. Reliefs and local taxes are not included.
| Annual revenue | €30,000 EC$94,940 | €60,000 EC$189,880 | €120,000 EC$379,760 |
|---|---|---|---|
| Sole proprietor | EC$8,545 10.0 % | EC$17,089 10.0 % | EC$34,178 10.0 % |
| Company | EC$21,362 25.0 % | EC$42,723 25.0 % | EC$85,446 25.0 % |
Special tax regimes
There are no special regimes for individuals.
Tax residence
The tax residence check does not cover St. Kitts & Nevis yet.
Assumptions
- Calculated with the OECD Taxing Wages methodology: income tax including local taxes plus employee social security; single person without children, tax year 2026, ECB rate of 2 January 2026.
- Exchange rate: 1 EUR = 3.16467 XCD (ECCB — EC dollar fixed at EC$2.70 per US$1 since 7 July 1976, 2026-01-02) ↗
Sources
- ECCB — Currency FAQ (EC$2.70 peg)
- St. Kitts & Nevis IRD — Income Tax (individual income tax abolished 1980)
- SKNIS — Corporate income tax rate set at 25% from January 2024
- Law Commission SKN — Housing and Social Development Levy Act Cap. 20.21 (rev. to 31 Dec 2017)
- SKNIS — HSDL amendments protect minimum wage employees (Feb 2024)
- SKNIS — HSDL (Amendment) Bill 2025
- St. Kitts & Nevis Social Security Board — Contributions
- US SSA — Social Security Programs Throughout the World: The Americas, 2019 — Saint Kitts and Nevis
Data checked: 2026-11-06. An indicative calculation for a typical case. Not tax advice.