Mali
Tools

Mali's tax system is administered by the Direction Generale des Impots (DGI) and applies a progressive personal income tax known as the Impot sur les Traitements et Salaires (ITS) with rates from 0% to 40%, denominated in the West African CFA Franc (XOF). As a WAEMU member state, Mali shares its currency with seven other West African nations, providing monetary stability and facilitating regional trade. The progressive structure provides a tax-free threshold and multiple intermediate bands before reaching the top rate of 40% on the highest income levels. Employees in Mali contribute to the Institut National de Prevoyance Sociale (INPS) for social security, with the employee share at approximately 3.6% of gross salary covering pensions, while employers contribute around 18.4% for pension, family allowances, and occupational risk insurance. The combined social contribution rate of approximately 22% is substantial and directly impacts payroll costs. Mali applies a standard VAT rate of 18% on most goods and services, consistent with WAEMU harmonisation, with exemptions for essential foodstuffs, medical products, and agricultural inputs. The fiscal year follows the calendar year, and employers must withhold ITS and remit it to the DGI within established monthly deadlines. Mali's economy is driven by agriculture (cotton being the primary export crop), gold mining, and livestock, with the mining sector contributing significantly to government revenues. AfroTools provides free DGI-compliant ITS income tax calculators, INPS social contribution tools, VAT calculators, and salary breakdown tools for Mali. All tools are updated for the current tax year and available free of charge.