Net Salary Calculator (Colombia)
In Colombia the salary is agreed and paid monthly, and from the figure in the contract the employer subtracts the employee contributions before paying out. This tool starts from your gross monthly salary, subtracts the 4% health (EPS) and 4% pension contributions, and estimates the withholding tax by converting the taxable base to UVT under the Art. 383 table of the Tax Code. It lets you anticipate how much really reaches your account when you negotiate a role, compare two offers or check whether your payslip adds up.
Rough estimate. Health (4%) and pension (4%) contributions add up to 8% of salary; withholding tax (Art. 383 of the Tax Code) only applies to higher incomes and is computed here in UVT with the 25% exempt income (2026 UVT = $52,374). It does not include other deductions (dependants, mortgage interest, private health) or your particular situation. Check your payslip or an accountant for the exact figure.
Net monthly salary
Annual net (×12):
Health + pension (8%)
Withholding tax
Total deduction
Gross monthly salary (COP)
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How it works
The calculator mirrors the order in which a Colombian payslip is built. First it subtracts the mandatory employee contributions: 4% health (EPS) and 4% pension, 8% of salary. On the remainder it applies the 25% exempt income granted by the Tax Code, capped at 790 UVT per year (about $3,447,955 monthly in 2026), and so obtains the taxable base. That base is divided by the 2026 UVT ($52,374) to express it in units, and the progressive rate of Art. 383 is applied: the first 95 UVT withhold nothing, and beyond that the brackets run from 19% to 39%. The result is multiplied back by the UVT to return to pesos. The monthly net is gross minus contributions minus that withholding. It is a simplified version: it does not include the pension solidarity fund, the transport allowance or deductions such as dependants, mortgage interest or private health.
How the net salary is calculated in Colombia in 2026
The payslip deduction is not a single tax: it is the sum of social security contributions and, only for high salaries, withholding tax. For reference, in 2026 the minimum wage (SMMLV) is $1,750,905 and the transport allowance is $249,095. The calculator applies these concepts with the rates in force; it does not add the transport allowance or deduct the pension solidarity fund:
| Concept | Rate | Note |
|---|---|---|
| Health (EPS) | 4% | Employee contribution on the salary |
| Pension | 4% | Employee contribution on the salary |
| Exempt income | 25% | Of income after contributions, capped at 790 UVT/year (~$3,447,955/month) |
| Withholding tax | 0%–39% | Progressive rate in UVT brackets (Art. 383); the first 95 UVT withhold nothing |
A step-by-step example
Take a gross salary of $3,000,000 a month. First the contributions are subtracted: 4% health ($120,000) plus 4% pension ($120,000), $240,000 in total. On the remaining $2,760,000 the 25% exempt income is applied, which is $690,000, and the taxable base comes to $2,070,000. Converted to UVT ($2,070,000 ÷ $52,374) that is just 39.5 UVT, well below the 95 UVT where withholding starts, so the withholding tax is zero. The monthly net is $3,000,000 − $240,000 = $2,760,000. Withholding only appears with a much higher salary: a gross of $12,000,000, for example, leaves a base of 158 UVT and already withholds around $666,000.
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Preguntas frecuentes
- What is deducted for health and pension?
- As a salaried employee you contribute 4% to health (EPS) and 4% to pension, computed on the salary: 8% in total, which the employer withholds and remits. The employer also pays its own share of those contributions, plus occupational risk (ARL) and payroll taxes, but that does not come out of your salary or appear in the net.
- What is the pension solidarity fund and from what salary does it apply?
- It is an extra contribution that funds minimum pensions for those who did not contribute enough. It is paid by workers earning four or more minimum wages (SMMLV): it starts at 1% and rises in brackets up to 2% for very high salaries. This calculator does not include it, so on high salaries the real deduction may be somewhat larger.
- Who receives the transport allowance?
- It goes to those earning up to two monthly minimum wages. In 2026 it is $249,095 a month. It is not salary in the strict sense (it does not pay social security), but it is added to the payment and does count towards the base for benefits such as the prima. The calculator estimates only the ordinary salary, so it does not add it.
- Are the prima and severance savings part of the monthly salary?
- No. The prima de servicios (half a salary in June and another half in December), the cesantías (one salary a year, deposited in a fund) and their interest are labour benefits paid separately from the monthly salary. This calculator estimates only the net of the ordinary monthly salary.
- From what salary does withholding tax apply?
- When the monthly taxable base exceeds 95 UVT (the first bracket of Art. 383). In practice, with the 8% contributions and the 25% exempt income, that happens above roughly $7 million of gross salary; below that, withholding tax is zero.