North Macedonia Tax Tables 2023 - Tax Rates and Thresholds in North Macedonia
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This page contains the tax table information used for the calculation of tax and payroll deductions in North Macedonia in 2023. These tax tables are used for the tax and payroll calculators published on iCalculator™ MK, these tools are provided for your free use on our website. If you would like additional tax table information added to the tax calculators for North Macedonia or would like to add to or suggest amendments to the information herein then please contact us.
2023 Tax Tables [Quick Links]
Related Calculators
North Macedonia Personal Income Tax Tables in 2023
The Income tax rates and personal allowances in North Macedonia are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the North Macedonia Tax Calculator 2023.
North Macedonia provides an annual "Standard Deduction" that is deducted from your total income to produce your taxable income in North Macedonia in 2023:
North Macedonia Standard Deduction in 2023| Residence Status | Standard Deduction |
|---|
| Resident | $ 98,736.00 |
| Non-resident | $ 98,736.00 |
North Macedonia Residents Income Tax Tables in 2023
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 10% | Income from $ 0.000.00 | to | $ 1,080,000.00 |
| 18% | Income from $ 1,080,000.01 | | and above |
North Macedonia Non-residents Income Tax Tables in 2023
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 10% | Income from $ 0.000.00 | to | $ 1,080,000.00 |
| 18% | Income from $ 1,080,000.01 | | and above |
In North Macedonia, social security contributions made by employees are deductible from their gross income for the purposes of calculating taxable income. This means that the amounts contributed towards social security by employees can reduce their taxable base, potentially lowering the amount of personal income tax owed. This provision allows employees to benefit from their contributions to the social security system while also enjoying a reduction in their tax liability, supporting the overall goal of promoting financial security and welfare for the workforce.
North Macedonia Social Security and Payroll Deduction Rates in 2023
In North Macedonia, the social security system plays a crucial role in providing financial security and welfare benefits to employees and their families. Both employers and employees contribute to this system, which covers a wide range of benefits including pension, health insurance, unemployment insurance, and injury and disability insurance. These contributions ensure that workers have access to essential services and support throughout their careers and into retirement.
North Macedonia Social Security in 2023: Rates for Employers and Employees| Category | Employee | Employer | Total |
|---|
| Pension And Disability Insurance | 18.8% | 0% | 18.8% |
| Employment Insurance | 1.2% | 0% | 1.2% |
| Health Insurance | 7.5% | 0% | 7.5% |
| Additional Health Insurance | 0.5% | 0% | 0.5% |
North Macedonia Social Security and Payroll Deduction in 2023: Earnings Thresholds for Employers and Employees| Category | Employee | Employer |
|---|
| Min. | Max. | Min. | Max. |
|---|
| Pension And Disability Insurance | $ 312,000.00 | $ 9,984,000.00 | n/a | n/a |
| Employment Insurance | $ 312,000.00 | $ 9,984,000.00 | n/a | n/a |
| Health Insurance | $ 312,000.00 | $ 9,984,000.00 | n/a | n/a |
| Additional Health Insurance | $ 312,000.00 | $ 9,984,000.00 | n/a | n/a |
North Macedonia VAT Rates in 2023
VAT rates for North Macedonia are reviewed annually, you can use the VAT Calculator to calculate VAT due in North Macedonia or use the Reverse VAT Calculator to calculate the net cost of goods/services after deducting VAT.
North Macedonia VAT Rates| VAT Rate | VAT Description |
|---|
| 5% | Reduced Rate |
| 18% | Standard Rate |
Historic Tax Tables supported for North Macedonia
The following tax tables are supported by iCalculator™ MK as part of the suite of free tax tools we provide for North Macedonia.