Complete guide: Income tax · Venezuela
Updated:
Resident ISLR: verified annual bracket simulation. Enter base, limits and fixed tax in the same monetary unit after converting current UT and deductions/rebates. No automatically verified 2026 UT or assumed monthly tariff. Payroll uses approved AR-I percentage; annual result is not monthly withholding.
Private-sector employees under LOTTT. Normal salary does not automatically include non-salary bonuses.
Estimates in local currency, without conversion. Document review: 2026-10-23; laws, tables and monetary units are not automatically synchronized. Default salaries are examples, not legal minimum wages. Check your contract, collective agreement and payslip before making decisions.
Sources and legal scope
Document review: 2026-10-23
How it works
- 1Tax = fixed accumulated tax + bracket excess × rate − credits; marginal scales sum all bands.
- 2Separate salary bases, accrued entitlements and payments already received.
- 3Compare the result with the sources and the stated employment scenario.
Frequently asked questions
Which Venezuela rules apply?
Resident ISLR: verified annual bracket simulation. Enter base, limits and fixed tax in the same monetary unit after converting current UT and deductions/rebates. No automatically verified 2026 UT or assumed monthly tariff. Payroll uses approved AR-I percentage; annual result is not monthly withholding.
Is this a final tax filing or employment claim calculation?
Private-sector employees under LOTTT. Normal salary does not automatically include non-salary bonuses.
Are inputs preserved when sharing?
Yes. The link retains entered amounts and options. Laws may change; check the date and sources.