Information about North Macedonia Minimum wage and taxes.
In North Macedonia, the minimum wage amount is determined by the country's Economic and Social Council. As of 2022, the gross minimum wage has been determined as 27,000 Macedonian Denar (MKD). Regarding taxes, there are different tax brackets in North Macedonia based on income. Different rates apply for a particular portion of income. For example, in 2022, 10% for the first 1,200,000 MKD of income, 18% for income between 1,200,001 MKD and 2,400,000 MKD, 15% for income between 2,400,001 MKD and 3,600,000 MKD, 3,600,001 MKD A tax rate of 18% is applied for income between MKD 4,800,000 and 15% for income exceeding MKD 4,800,001. Additionally, social security contributions are also paid in North Macedonia. These premiums are paid by employers and employees at certain rates. As of 2022, the social security premium rate of employers is 10% and the social security premium rate of employees is 7%. This information is valid as of 2022, and tax and minimum wage amounts may change over time. Therefore, it is important to verify up-to-date information with authorities and tax advisors.
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