What are payroll taxes in Honduras?

Domiciled individuals will be subject to 1.5% tax on gross income equal to or greater than HNL10 million when the progressive income tax for individuals is less.

Social security tax contributions are assessed as follows:

• Sickness and maternity: 2.5% for employees on income up to a maximum ceiling of HNL 9,380.67.
• Invalidity, old age, and death: 2.5% from employees on income up to a maximum ceiling of HNL 9,792.74.