Social Security 4% / 4.5%, NHI 3.75% / 3.75% and payroll tax (8% employee; employer 2% Class 1 or 6% Class 2 above the exemption), in US dollars.
Classes, rates and the exemption are from a published summary of the Payroll Taxes Act — not yet confirmed with the Inland Revenue Department; pick your class and edit the exemption if yours differs. Class 1: payroll not over US$150,000, turnover not over US$300,000 and no more than seven employees (all three). Employee share 8% in both classes; employer 2% (Class 1) or 6% (Class 2); first US$10,000 of annual remuneration exempt (Expanship summary of the Payroll Taxes Act 2004, updated 12 August 2026).
Built-in rates (as of 2026-11) · source: Social Security Board, the National Health Insurance and the Inland Revenue Department
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For guidance only. These figures follow the official published rates, ceilings and tax tables for British Virgin Islands as checked in November 2026 (sources in the Rules panel). They are not tax advice, rates and ceilings change, declared allowances and company rules can alter a payslip, and any point marked unconfirmed should be checked before relying on it. Check anything that matters with the Social Security Board, the National Health Insurance and the Inland Revenue Department.
Enter a gross wage and the pay period, pick the employer's payroll-tax class, and this calculator shows the three statutory lines on a British Virgin Islands payslip, Social Security, National Health Insurance (NHI) and payroll tax, with the employer's share of each, the net pay and the total cost of employment, in US dollars.
Social Security is 4% from the employee and 4.5% from the employer on insurable earnings up to US$53,400 a year (2026; US$55,536 from 1 January 2027). NHI is 3.75% from each side up to US$106,800 a year (US$111,072 from 2027). Both are official Board figures and both are due by the 14th of the following month.
Payroll tax replaced income tax in 2005. Published summaries of the Payroll Taxes Act give two employer classes: Class 1 (payroll not over US$150,000, turnover not over US$300,000 and no more than seven employees) pays 10% in all, 8% recovered from the employee and 2% from the employer; Class 2 (everyone else) pays 14%, 8% employee and 6% employer; and the first US$10,000 of each employee's annual remuneration is exempt. The Inland Revenue Department names the tax but publishes no rates, so the class is yours to choose and the exemption is an editable box, both labelled unconfirmed.
The exemption is spread evenly over the pay periods here; in practice it is used up as the year's pay accumulates. The Rules panel lists the sources, dates and unconfirmed points.
Background reading: Sick pay explained
No. Income tax has been zero-rated since 1 January 2005, when payroll tax replaced it. Payroll tax is charged on remuneration and split between employer and employee, alongside Social Security and NHI contributions.
Class 1 employers (payroll not over US$150,000, annual turnover not over US$300,000 and no more than seven employees, all three) pay 10% of remuneration, of which 8% may be deducted from the employee and 2% is the employer's. Class 2 employers pay 14%: 8% employee, 6% employer. The first US$10,000 of each employee's annual remuneration is exempt. These figures are from a published summary of the Payroll Taxes Act and are marked unconfirmed.
Social Security: 4% employee and 4.5% employer on insurable earnings up to US$53,400 a year (2026). NHI: 3.75% employee and 3.75% employer up to US$106,800 a year. Both maximums rise 4% on 1 January 2027 (US$55,536 and US$111,072); the rates stay the same.
Because the employer's payroll-tax rate depends on the size of the business, which the calculator cannot know. Pick Class 1 only if payroll, turnover and headcount are all within the limits; otherwise Class 2. The employee share is 8% either way, so your net pay is the same; only the employer cost changes.
Social Security and NHI rates and maximums are official (Social Security Board and NHI, including the October 2026 notice of the 2027 increase). Payroll tax classes, rates and the US$10,000 exemption are secondary (summary updated August 2026) and editable. Links and dates are in the Rules panel.
Free to use and works in your browser: the pay you type stays on your device. The rules are built in from the official published rates and tables (sources and dates in the Rules panel) and nothing you type is sent anywhere. Figures are for guidance only: pay rules are set by each country's law and by your contract, so check anything that matters with the authorities named below or your payroll.
PunchClock turns clock-ins into timesheets and payslips with each country's statutory deductions applied automatically. Ask us about British Virgin Islands payroll.