Guatemala Tax Calculator (2026)

Income tax rates and take-home pay for Guatemala

Guatemala Income Tax Brackets (2025)

Bracket Income Range Rate
First bracket (0–300,000 GTQ)GTQ 0 - GTQ 300,0005.0% - 5.0%
Second bracket (over 300,000 GTQ)GTQ 300,000+7.0%

Personal allowance: GTQ 48,000

Social security contribution

Bracket Income Range Rate
Social securityGTQ 0+4.8%

Key Facts

Tax Year

2025

Currency

GTQ

Top Rate

7.0%

Brackets

2 brackets

Allowance

GTQ 48,000

Social Contributions

1 item

Assumptions

  • · Progressive income tax brackets apply to taxable income after standard deduction and social security contributions.
  • · Social security contribution (4.83%) is deductible from gross income before calculating income tax.
  • · Standard deduction of GTQ 48,000 is applied to reduce taxable income.
  • · VAT credit is modeled as a maximum of 12% of net income, capped by actual income tax liability and documented VAT paid; for a salary-comparison model, we use a conservative 0% default VAT credit (employee would need to document actual VAT receipts to claim).
  • · Life insurance premiums are excluded as they vary by individual choice.
  • · Employer social security contributions (12.67%) are excluded as they are employer-only charges.
  • · Real estate tax is excluded as it applies to property ownership, not employment income.
  • · VAT on consumption is excluded as it is a general consumption tax outside employment income taxation.

Frequently asked questions

How much income tax do I pay in Guatemala?

Guatemala uses a progressive income tax system with two brackets: you pay 5% on income up to GTQ 300,000 and 7% on income above that threshold. However, you can deduct a standard deduction of GTQ 48,000 from your gross income before calculating tax, plus your social security contributions (4.83%), which significantly reduces your taxable income.

What is the social security contribution rate in Guatemala?

As an employee in Guatemala, you contribute 4.83% of your gross income to social security. This contribution is deductible from your gross income before income tax is calculated, so it effectively reduces the amount of income subject to the 5% or 7% income tax brackets.

Do I get a tax deduction for living in Guatemala?

Yes, Guatemala provides a standard deduction of GTQ 48,000 that reduces your taxable income. Combined with your 4.83% social security contribution deduction, these allowances can substantially lower the income subject to the progressive tax brackets.

Is there a VAT credit for employees in Guatemala?

VAT (value-added tax) in Guatemala is primarily a consumption tax, and employees typically cannot claim a VAT credit against their income tax unless they can document actual VAT payments on business expenses. For salary earners, the VAT credit is generally not applicable unless you have specific business-related VAT receipts to support a claim.

What's the take-home pay after taxes and contributions in Guatemala?

Your take-home pay is your gross income minus the 4.83% social security contribution and the progressive income tax (5% or 7% depending on your bracket). The exact amount depends on your total income, but the standard deduction of GTQ 48,000 and social security deduction provide meaningful relief before tax is applied.

Compare Guatemala with another country

See side-by-side tax breakdowns for any two countries

Compare countries