Metric🇬🇧 United Kingdom🇨🇴 Colombia
CurrencyGBPCOP
Avg gross/year£ 35,000COP 42,000,000
Avg net/month£ 2,330COP 3,000,000
Min wage gross/mo£ 1,843COP 1,300,000
Employee rate8.0%8.0%
Employer rate13.8%21.0%
Avg tax rate16.0%8.0%
Total deductions24%16%