DoubleTaxationTaxes on salary: Solomon Islands preliminary data
How much income tax and social contributions are paid on a salary in Solomon Islands, 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 | SBD 571,047 ≈ €60,000 |
|---|---|
| Income tax | SBD 207,987 ≈ €21,853 |
| Employee contributions | SBD 28,552 ≈ €3,000 |
| Take-home pay | SBD 334,508 ≈ €35,147 |
| Employer contributions and payroll taxes | SBD 42,829 ≈ €4,500 |
| Employer's labour cost | SBD 613,876 ≈ €64,500 |
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 SBD 285,524 | €60,000 SBD 571,047 | €120,000 SBD 1,142,094 |
|---|---|---|---|
| Sole proprietor | SBD 82,356 32.0 % | SBD 185,145 36.0 % | SBD 390,722 38.0 % |
| Company | SBD 113,067 44.0 % | SBD 226,135 44.0 % | SBD 452,269 44.0 % |
Special tax regimes
There are no special regimes for individuals.
Tax residence
The tax residence check does not cover Solomon Islands 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 = 9.517452 SBD (Central Bank of Solomon Islands — Monthly Economic Bulletin January 2026, SBD per USD mid-rate, monthly average (Dec 2025 average: 8.18), 01 (monthly average)/2026) ↗
Sources
- Inland Revenue Division Solomon Islands — Tax Information (tax rates, personal exemption threshold)
- Inland Revenue Division Solomon Islands — Taxes Summary V3
- SINPF — Contribution Rates
- Central Bank of Solomon Islands — Monthly Economic Bulletin, January 2026
Data checked: 08/11/2026. An indicative calculation for a typical case. Not tax advice.