Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
€ 11,672
Income Tax
- € 41.66
Health care
- € 356
Pension
- € 934
Dependency Insurance
- € 66.25
Total tax
- € 1,398
Net pay
* € 10,274
Marginal tax rate
18.6%
Average tax rate
12.0%
88.0%
Net pay
12.0%
Total tax
Total tax
Net pay
Summary
If you make € 11,672 a year living in Luxembourg, you will be taxed € 1,398. That means that your net pay will be € 10,274 per year, or € 856 per month. Your average tax rate is 12.0% and your marginal tax rate is 18.7%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of € 100 in your salary will be taxed € 18.65, hence, your net pay will only increase by € 81.35.
Bonus Example
A € 1,000 bonus will generate an extra € 814 of net incomes. A € 5,000 bonus will generate an extra € 4,068 of net incomes.
NOTE* Withholding is calculated based on the tables of Luxembourg, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.