Dubai Workers Have The World’s Highest Take-Home Salary
- Publish date: Thursday، 22 December 2022
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Dubai Media Office on Monday shared a report by PWC which rated Dubai as the first globally in take-home salary/pay.
The take-home salary refers to the net salary taken home by an employee after deducting tax and/or social security payments.
Employees in the emirate take home 100% of their income according to the study which compared the salaries taken home by highly-paid resident employees in different cities across the world.
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The survey was done based on the incomes of married individuals with no children.
UAE has no social security contribution levied from non-national employees in the UAE and no income tax.
Where can you keep the most salary ?#Dubai allows high-income earners to take home their entire pay, according to @PwC pic.twitter.com/rEMLiKaZwQ
— Dubai Media Office (@DXBMediaOffice) August 2, 2021
However, for some foreign citizens, they may be liable to tax rules of their home country.
On the other hand, for instance, non-resident Indians (NRI) in the UAE pay zero tax on salary earned in the UAE and also pay no tax in India due to their NRI status.
Image Credit: Unsplash
This article was previously published on UAE Moments.To see the original article, click here