Cabo Verde Tax Calculator (2026)
Income tax rates and take-home pay for Cabo Verde
Cabo Verde Income Tax Brackets (2025)
| Bracket | Income Range | Rate |
|---|---|---|
| First Bracket | CVE 0 - CVE 960,000 | 16.5% |
| Second Bracket | CVE 960,000 - CVE 1,800,000 | 23.1% |
| Third Bracket | CVE 1,800,000+ | 27.5% |
Personal allowance: CVE 220,000
Social Security
| Bracket | Income Range | Rate |
|---|---|---|
| Standard Employee Contribution | CVE 0+ | 8.5% |
Key Facts
Tax Year
2025
Currency
CVE
Top Rate
27.5%
Brackets
3 brackets
Allowance
CVE 220,000
Social Contributions
1 item
Assumptions
- · Used Declarative Method tax rates as they are the standard progressive schedule provided.
- · The CVE 220,000 exemption is modeled as a personal allowance.
- · Profile is a standard employee, so 10% capped expense deductions for rent/health/education are excluded as they require substantiation.
- · Social security is assumed non-deductible for income tax purposes as the source does not explicitly state deductibility.
Frequently asked questions
What is the income tax rate in Cabo Verde?
Cabo Verde uses a progressive tax system with three income tax brackets. The first bracket (up to CVE 960,000) is taxed at 16.5%, the second bracket (CVE 960,000 to CVE 1,800,000) at 23.1%, and income above CVE 1,800,000 is taxed at 27.5%. Everyone also receives a personal allowance of CVE 220,000 before tax is calculated.
How much do I need to pay in social security contributions in Cabo Verde?
As an employee in Cabo Verde, you contribute 8.5% of your gross income to social security. This contribution is calculated on your full salary and is not deductible from your taxable income, meaning you pay income tax on the full amount before social security is deducted.
What is the take-home pay after taxes and social contributions in Cabo Verde?
Your take-home pay is calculated by subtracting both income tax (based on the three progressive brackets after your CVE 220,000 allowance) and the 8.5% employee social security contribution from your gross salary. Use our calculator above to see your exact take-home amount based on your income level.
Is there a personal exemption or allowance in Cabo Verde's income tax?
Yes, Cabo Verde provides a personal allowance of CVE 220,000, which means this amount is exempt from income tax before the progressive brackets are applied. This allowance reduces your taxable income and benefits all employees regardless of income level.
Do I pay different tax rates depending on which island I live on in Cabo Verde?
No, Cabo Verde's income tax system is uniform across the country with no regional or subnational tax variations. The three progressive brackets and the personal allowance apply equally whether you live in Praia, Mindelo, or anywhere else in the archipelago.
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