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Guatemala salary breakdown: IGSS, ISR and net pay

See where every quetzal goes: IGSS, ISR and your household spending, plus your savings rate.

Inputs
Enter values to calculate
Results

Net salary

Q11,049.38

Where your salary goes

…
IGSS (4.83%)
Q579.60
ISR withheld
Q371.02
Household spending
Q8,000.00
Savings (27.6%)
Q3,049.38

Housing under control: it stays under 30% of your net pay and you still save something.

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Guatemala net salary: Q10,000 → Q9,491.25 (IGSS+ISR)

Q10,000 gross leaves Q9,491.25 (IGSS Q483 + ISR Q275.75 + Q250 bonus). Also try Q5,000 and Q15,000 with prorated Bono 14 and aguinaldo.

Guatemala IGSS Q5,000: Q241.50 employee, Q633.50 employer

Employee 4.83%, employer 12.67%. On Q5,000: Q241.50 worker cut (keeps Q4,758.50) and Q633.50 employer cost.

Guatemala aguinaldo: Q10,000 and 6 months → Q5,000 (December)

Decree 76-78. Q10,000 and 6 months of Dec 1–Nov 30 → Q5,000; full year = Q10,000 in December. Art. 70 ISR.

Your gross salary is not what lands in your account. This calculator deducts IGSS and ISR under Guatemalan rules and splits your take-home pay into housing, food, transport, debts and savings, with a chart included.

How it works

  1. Enter your monthly gross salary.
  2. Adjust what you spend per month in each category (you can leave them at zero).
  3. Get your take-home pay, your savings rate and a verdict on your housing cost.
Formula

IGSS = Gross × 4.83% · ISR base = Gross − IGSS − Q4,000 · ISR = 5% up to Q300,000 yearly, 7% above · Net = Gross − IGSS − ISR

Step-by-step example

With a gross salary of Q12,000 per month:

  • IGSS: 12,000 × 4.83% = Q579.60
  • ISR base: 12,000 − 579.60 − 4,000 = Q7,420.40
  • ISR: 7,420.40 × 5% = Q371.02
  • Take-home pay: Q11,049.38

Spending Q3,000 on housing, Q2,500 on food, Q1,200 on transport, Q800 on debts and Q500 on other leaves Q3,049.38 per month: a 27.60% savings rate.

Sources and assumptions

  • Employee IGSS 4.83% (IGSS Agreement 1118).
  • ISR: Decree 10-2012, employment income. The tax base deducts personal expenses of up to Q60,000 a year, of which Q48,000 need no receipts (art. 72); we use Q4,000 a month. Art. 73 rate: 5% up to Q300,000 of yearly taxable income and Q15,000 + 7% above.
  • Educational estimate of the monthly withholding; your employer adjusts in December.

Own a car? Also check the Guatemala car ownership cost.

No. It is an educational estimate using the cited current rules. For your exact case, check your pay slip or ask an accountant.

It is the 50/30/20 rule adapted: if housing exceeds 30% of your net, little room is left for savings and surprises. The calculator warns you automatically.

No. This breakdown is monthly and only covers ordinary salary. The aguinaldo and Bonus 14 have their own tax treatment.