Panama Net Salary Calculator 2026: CSS, Seguro Educativo and ISR
Work out your net salary in Panama for 2026: CSS 9.75%, seguro educativo 1.25%, ISR withholding over 13 salaries and the employer's cost after Ley 462.
The ISR is projected on 13 salaries (12 months plus the décimo tercer mes) and withheld in equal parts. The employer CSS rate rises to 14.25% from March 2027 under Ley 462.
What it does
In Panama the employer deducts 9.75% of the salary for the Caja de Seguro Social (CSS) and 1.25% for the seguro educativo, and withholds income tax (ISR). ISR is zero up to B/.11,000 a year, 15% of the part between B/.11,000 and B/.50,000, and B/.5,850 plus 25% above B/.50,000. Ley 462 of 2025 raised the employer's CSS contribution to 13.25%, plus 1.50% of seguro educativo and the occupational risk premium.
How to use it
- Type your monthly salary.
- Add deductible expenses for the year and, if you know it, the employer's risk rate.
- Read the net salary, each deduction and the employer's cost.
The arithmetic runs in your browser. Nothing you type is sent anywhere and nothing is stored, so you can use these with real numbers.
Frequently asked questions
How much is B/.1,500 a month after deductions?
CSS takes B/.146.25, seguro educativo B/.18.75 and ISR about B/.98.08 (B/.1,275 a year on 13 salaries), so you receive B/.1,236.92.
Up to what salary is there no ISR?
Up to about B/.846 a month, which with the décimo stays under B/.11,000 a year. B/.800 only pays CSS and seguro educativo and nets B/.712.
How much does the employer pay?
13.25% of CSS, 1.50% of seguro educativo and the risk premium, plus the décimo: about B/.1,874.39 a month on B/.1,500.
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