How much is a AMD 500,000 gross monthly salary after tax (net, take-home) in Armenia?
For example, a gross salary of AMD 500,000 per month leaves about AMD 375,000 net, after AMD 100,000 income tax and AMD 25,000 in social contributions, an effective deduction rate of 25%.
Income tax in Armenia is a flat 20% on taxable income. Employees also pay social contributions of around 5% of gross salary. The standard VAT rate is 20%.
Approximate 2026 estimate. Simplified model, verify before relying on it. Not tax advice.