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Salary and Taxation

marker_in

Hi

I am offered a teaching position ( Professor) In Tripoli for a Monthly Salary of USD 5200. I want to know how much tax will be deducted and what is the cost of living if I bring my wife and one year old baby boy.

Thanx
marker

See also

Living in Libya: the expat guideIs there really a monthly tax deduction for working in Libya?Local Taxes v Tax Free Statustaxes and expenditure !!!!!! urgentTax
Soon2B º£½ÇÂÒÂ× MJ

Hi Marker

One of the posts on the forum shows the cost of living in Libya - it should give you a good idea on what your expenses will be.  Tax I can't help you with, but maybe somebody else will be able to answer you.

Maureen

justice4pal

can't the organization offerring you the post tell you about tax implications?

Gibraltar

Dear Marker

I looked into this a while ago and was told expats do not have to pay salaries tax.

Best

Gibraltar

Sandman6

marker_in wrote:

Hi

I am offered a teaching position ( Professor) In Tripoli for a Monthly Salary of USD 5200. I want to know how much tax will be deducted and what is the cost of living if I bring my wife and one year old baby boy.

Thanx
marker


Why not try the easiest route and ask your prospective employer what deductions will be made and allowances given?

Sandman6

Gibraltar wrote:

Dear Marker

I looked into this a while ago and was told expats do not have to pay salaries tax.

Best

Gibraltar


Some companies deduct what's known as hypothetical tax. Check with the employer.