Actual rate of Tax on salary

shaheenbabutv · 2016-01-31T03:05:47+01:00

Discover the current salary tax rates in Papua New Guinea for expatriates like Shaheen, and learn about potential differences for PNG corporations.

shaheenbabutv New member

Member since 10 October 2014

shaheenbabutvNew member31 January 2016 01:05:47

Hi all,

This is Shaheen all the way from India. I got a job offer with a PNG corp as Management consultant . I will be going to stay in Buka. Mostly will be arriving in April.聽 May i know what's the actual rate of tax on salary?聽 As mine is a PNG corporation is there any difference in tax?聽 Replies will be greatly appreciated.聽 Thank you all.

cheers
shaheen

stumpy Laos Expert

Member since 27 November 2009

stumpyLaos Expert31 January 2016 20:49:26

18020

No difference 35% tax.

shaheenbabutv New member

Member since 10 October 2014

shaheenbabutvNew member01 February 2016 03:44:45

My gross salary would be around 6500pgk per month . So how much will be the tax??

stumpy Laos Expert

Member since 27 November 2009

stumpyLaos Expert01 February 2016 06:11:49

18020

Kina 2085 tax. Take home pay kina 5415.

Are the company paying for accommodation, food, power, phone, medical insurance cover, transport.

Annual airfares home ?

Unless they are covering the above then the salary is too聽 low. Amounts to US$1700 or Indian Rupee 118,957

shaheenbabutv New member

Member since 10 October 2014

shaheenbabutvNew member01 February 2016 06:40:03

Yes they do provide food, accomodation,聽 airfare, medical and car. So what do you think now?

stumpy Laos Expert

Member since 27 November 2009

stumpyLaos Expert01 February 2016 06:44:17

18020

Too low but up to you whether you take it or not.

shaheenbabutv New member

Member since 10 October 2014

shaheenbabutvNew member01 February 2016 07:17:24

It wont even come 5415 if it is 35% of 6500.. it will come around only 4450...
(6500脳35/100)=2275
So 6500-2275= 4225.

sobhan06 Member

Member since 25 October 2014

sobhan06Member08 February 2016 02:35:11

Hi Shaheen,

Thats a good pay. Being an Indian, we know our market and Home country. For foreigners (US, Aussie, UK) this wont be a good pay bcoz their economy is different. For Indians, this is a good maony.