iCalculator™ SO"Informing, Educating, Saving Money and Time in Somalia"
SO Tax 2024

iCalculator™ SO Somalia Social Security Calculator for Social Security

This calculator for Somalia is part of our payroll calculators suite which support salary and income tax calculations in Somalia. With this Social Security Calculator, you can calculate the associated contributions due for Social Security in Somalia based on your annual income in the 2024 tax year, this includes, where appropriate, employee and employer social security contribitions.

Somalia Income Tax Calculator for 2024 Tax Year
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Social Security in Somalia

Social Security is subject to annual review in Somalia and rates and thresholds can change from year to year. The table below defines the associated tax years and tax rates that are integrated into the Somalia Income Tax calculators on iCalculator™ SO:

Somalia Current and Historic Social Security Rates for Social Security
Tax YearEmployee RateEmployer RateCombined Rate
20240%7%7%
20230%7%7%
20220%7%7%
20210%7%7%
20200%7%7%
20190%7%7%

If you believe any of these rates are incorrect or you would like additional tax years adding to the Somalia tax suite then please contact us. All updates and amendments are complementary, we appreciate the support from our community with providing up to date free tax tools for Somalia. Note that you can view all tax years for Somalia supported by iCalculator™ SO here, this includes all payroll associated taxes and deductions that are applied in Somalia.