Chile Salary Calculator
Easily estimate take home pay after income tax so you can have an idea of what to possibly expect when planning your budget
Results
Income Before Tax
Take Home Pay
Total Tax
Average Tax Rate
$ = Chilean Peso
Income Before Tax
Income Tax
Pension
Health Plan
Unemployment
Total Tax
Take Home Pay
Total Deductions
Average Tax Rate
Table of Contents
Summary
Enter your employment income into the salary calculator above to estimate how taxes in Chile may affect your finances. You'll then get your estimated take home pay, an estimated breakdown of your potential tax liability, and a quick summary down here so you can have a better idea of what to possibly expect when planning your budget.
This salary calculator also works as an income tax calculator for Chile, as it shows you how much income tax you have to pay based on your salary and personal details.
To learn more about Chile, its income tax, and tax brackets, so that you can get a deeper understanding of how your budget and finances may be affected, scroll down to the detail section below!
Quick Facts about Chile
- Main Language(s):Spanish
- Currency:Chilean Peso ($)
- Capital:Santiago
- Total Population:17,574,003
- Most Populous City:Santiago
- Time Zone(s):UTC−4 and −6
(Summer: UTC-3 and −5) - International Phone Code:+56
- Driving Side:Right
- Climate:Ranges from desert to subtropical to temperate to tundra
Frequently Asked Questions
What is the income tax rate in Chile?
The personal income tax rate in Chile is progressive and ranges from 0% to 40% depending on your income for residents while non-residents are taxed at a flat rate which differs depending on their type of work. This income tax calculator can help estimate your average income tax rate and your take home pay.
How many income tax brackets are there in Chile?
The income tax system in Chile has eight different tax brackets for residents. For more details, check out our detail section.
Chile Income Tax Brackets and Other Information
For resident taxpayers, the personal income tax system in Chile is a progressive tax system. This means that your income is split into multiple brackets where lower brackets are taxed at lower rates and higher brackets are taxed at higher rates. Tax rates range from 0% to 40%.
For 2022 tax year
| Taxable Income (CLP) | Tax Rate |
|---|---|
| First 9,521,064 | 0% |
| From 9,521,064 to 21,157,920 | 4% |
| From 21,157,920 to 35,263,200 | 8% |
| From 35,263,200 to 49,368,480 | 13.5% |
| From 49,368,480 to 63,473,760 | 23% |
| From 63,473,760 to 84,631,680 | 30.4% |
| From 84,631,680 to 218,631,840 | 35% |
| From 218,631,840 onwards | 40% |
The tax brackets in Chile are based on a tax value unit called the "Unidad Tributaria" which comes in a monthly form of "Unidad Tributaria Mensual" (UTM) and an annual form of "Unidad Tributaria Anual" (UTA). This unit is adjusted every month. At the time of our most recent update, for 2022, the UTA is set to 705,264 Chilean pesos.
Although there are no standard deductions available in Chile, one commonly available deduction for residents is one for social security contributions. You may also be eligible for other deductions like limited ones for mortgage interest payments, employment expenses, and voluntary pension contributions.
Non-resident taxpayers are taxed at a flat rate of either 15% if they work in technical/pro services or at 35% for all other work. Additionally, they are generally not eligible for any deductions.
Social Security in Chile
The social security system in Chile consists of the pension, health insurance, and unemployment insurance.
Contributions are shared between both employers and employees. The income applicable for calculating contributions has a maximum cap which is based on the "Unidades de Fomento" (UF). This unit is updated on a daily basis by the government in accordance with inflation.
As stated above, all social security contributions are deductible for resident taxpayers.
Foreign nationals that participate in a foreign social security system that covers pension, disability, illness, and death may be exempt from mandatory contributions to the Chilean social security system.
Resident status and income tax in Chile
Individuals who are residents for tax purposes are subject to income tax on worldwide income. Foreign non-residents are only subject to income tax on Chilean-sourced income. However, after three years in Chile, non-residents are also subject to tax on worldwide income.
The resident status is defined as anyone having domicile in Chile which essentially means being physically in Chile with the intent to remain. Otherwise, if there is a lack of intent to remain, those that are present in the country for either six consecutive months within a calendar year or those that are present for an aggregate of over six months within two calendar years are also considered to be residents for tax purposes.
The non-resident status would then be applied to anyone not meeting tax residency criteria.
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Disclaimer
- Last reviewed on January 29, 2023.
- The content shown on this page is strictly for educational purposes only. It does not represent advice nor is it a substitute for a professional advisor.
- Estimated results are just estimates. They are not a guarantee of future results.
- Tax situations vary widely and calculations can get very complex. This salary calculator only provides a rough estimate according to the most common scenarios for standard employment income that comes from an employer. If you are self-employed, your taxes might differ.
- There may be additional deductions, credits, exemptions, allowances, reliefs, etc depending on many factors. Some factors are about your family such as the number of dependents, children, relatives, parents, etc. Other factors may include mortgage payments, property depreciation, charitible donations, additional voluntary retirement contributions, etc. Whether or not you are handicapped and/or disabled may also sometimes be an additional factor.
- Depending on region and jurisdiction, salary bonuses may be treated and taxed differently from standard salary.
- Calculators from other sites may show slightly different numbers due to different deductions/credits being included or they are based on data from a different year.
- Generally, we review changes once a year since tax codes usually change once a year. If you notice a major miscalculation or error with our salary calculator (most likely caused by a typo somewhere), feel free to direct message us on twitter and let us know. However, if you have specific questions about your own personal situation, please consult a licensed tax professional.
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