Seychelles
Tools

Seychelles' tax system is administered by the Seychelles Revenue Commission (SRC) and applies a progressive personal income tax (PAYE) with rates from 0% to 15%, denominated in the Seychellois Rupee (SCR). This makes Seychelles one of the lowest personal income tax jurisdictions in Africa. The tax-free threshold provides relief for the lowest earners, and the maximum rate of 15% applies to income above the threshold. Employees in Seychelles contribute to the Seychelles Pension Fund (SPF) at approximately 3% of gross earnings, while employers contribute 3%, for a combined social security contribution of 6% covering retirement and related benefits. This is one of the lowest combined social contribution rates on the African continent. Seychelles applies a standard VAT rate of 15% on most goods and services, with exemptions for essential items including certain basic foodstuffs and medical supplies. The fiscal year follows the calendar year, and employers must withhold PAYE and remit it to the SRC within prescribed monthly deadlines. Seychelles' economy is driven primarily by tourism, which accounts for a large share of GDP and formal sector employment, along with fishing (particularly tuna), financial services, and a growing digital economy. The country consistently ranks as one of Africa's highest per-capita income nations and has achieved upper-middle-income status. The SRC has implemented modern electronic filing and payment systems. AfroTools provides free SRC-compliant PAYE calculators, SPF contribution tools, VAT calculators, and salary breakdown tools for Seychelles. All tools are updated for the current tax year and offered at no cost.