Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
€ 14,000
Income Tax
- € 242
Health care
- € 427
Pension
- € 1,120
Dependency Insurance
- € 98.84
Total tax
- € 1,888
Net pay
* € 12,112
Marginal tax rate
22.2%
Average tax rate
13.5%
86.5%
Net pay
13.5%
Total tax
Total tax
Net pay
Summary
If you make € 14,000 a year living in Luxembourg, you will be taxed € 1,888. That means that your net pay will be € 12,112 per year, or € 1,009 per month. Your average tax rate is 13.5% and your marginal tax rate is 22.2%. 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 € 22.15, hence, your net pay will only increase by € 77.85.
Bonus Example
A € 1,000 bonus will generate an extra € 779 of net incomes. A € 5,000 bonus will generate an extra € 3,893 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.