Information about Belarus Minimum wage and taxes.

Belarus is a country located in Eastern Europe. I have some information about the minimum wage and tax regulations in the country. As of 2021, the gross minimum wage in Belarus has been determined as 400 Belarusian rubles (BYN). Net minimum wage represents the remaining amount after taxes and other deductions are deducted. The tax system in Belarus consists of income tax, social security contributions and some other taxes. Income tax rates vary depending on the amount of earnings. Below are the income tax rates valid for 2021: -

9.5%: for winnings up to BYN 20,400 - 13%: for earnings between 20,400 BYN - 61,200 BYN - 15%: for earnings above BYN 61,200 Social security contributions are calculated based on the employee's gross wage and shared between the employer and the employee. These contributions are used for health insurance, retirement and other benefits. Other taxes in Belarus include value added tax (VAT), business profits tax, and real estate tax. The rates and application details of these taxes are determined by the government. The above information is for 2021 and tax and minimum wage regulations may change from time to time. Therefore, I recommend that you contact the official tax authorities of Belarus to obtain updated information.