🇧🇧 North America

Barbados

Salary, tax, minimum wage and employer cost data.

CurrencyBBD (Bds$)
VAT17.5%
Fiscal yearApr-Mar
Pay cycleMonthly
Employee rate7.8%
Employer rate3.0%

Minimum wage in Barbados

Monthly grossBds$ 1,470
Monthly net (est.)Bds$ 1,260
Hourly grossBds$ 8.35
Annual grossBds$ 17,640
Annual net (est.)Bds$ 15,120

Average salary

Gross annualBds$ 48,000
Net monthlyBds$ 3,000

Tax brackets

12.5% up to 50,000 BBD
28.5% above

Calculate salary in Barbados

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