Paraguay Tax Calculator (2026)

Income tax rates and take-home pay for Paraguay

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Paraguay Income Tax Brackets (2025)

Bracket Income Range Rate
Up to PYG 50,000,000PYG 0 - PYG 50,000,0008.0%
PYG 50,000,001 to PYG 150,000,000PYG 50,000,001 - PYG 150,000,0009.0%
PYG 150,000,001 and abovePYG 150,000,001+10.0%

Personal allowance: PYG 80,000,000

Social Security Contribution (Employee)

Bracket Income Range Rate
Employee contribution (commercial entity)PYG 0+9.0%

Key Facts

Tax Year

2025

Currency

PYG

Top Rate

10.0%

Brackets

3 brackets

Allowance

PYG 80,000,000

Social Contributions

1 item

Assumptions

  • · Model assumes employment income subject to Personal Income Tax (PIT) on provision of personal services.
  • · Gross income threshold of PYG 80,000,000 applies; below this threshold, no PIT is owed.
  • · Social security contribution base excludes annual mandatory bonus and family allowance.
  • · Model uses commercial entity social security rates (9% employee, 16.5% employer); financial entity rates are higher and would apply only to financial sector employees.
  • · Personal deductions (housing, health, education, etc.) are permitted but highly variable and income-dependent; not modeled as fixed deduction to maintain representative consistency across salary ranges.
  • · Capital gains taxed separately at 8% flat rate; not included in personal services income model.
  • · Employer contributions are excluded per schema rules (employer-only charges).

Frequently asked questions

Do I need to pay income tax in Paraguay if I'm earning money remotely?

If your gross income is below PYG 80,000,000 annually, you are exempt from personal income tax in Paraguay. However, if you exceed this threshold, you'll be subject to progressive income tax rates ranging from 8% to 10% depending on your income bracket, plus a 9% employee social security contribution.

What are the income tax brackets in Paraguay?

Paraguay uses a progressive three-bracket system: 8% on income up to PYG 50,000,000, 9% on income from PYG 50,000,001 to PYG 150,000,000, and 10% on income above PYG 150,000,001. These brackets apply only to income that exceeds the PYG 80,000,000 gross income exemption threshold.

How much will social security contributions reduce my take-home pay?

Employee social security contributions in Paraguay are 9% of your gross income for commercial entities and are tax-deductible. This means your social security contribution comes out before income tax is calculated, reducing both your taxable income and your final take-home pay.

Is there a difference in tax rates for expats versus Paraguayan citizens?

Paraguay's tax system applies the same income tax brackets and social security rates to all residents earning employment income, regardless of citizenship. The key factor is whether your gross income exceeds the PYG 80,000,000 exemption threshold, not your residency status.

Are there other taxes I should know about besides income tax and social security?

Capital gains in Paraguay are taxed separately at a flat rate of 8%, which is not included in your personal income tax calculation. Additionally, personal deductions for housing, health, and education are available but vary based on individual circumstances and income level.

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