Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
€ 17,968
Income Tax
- € 667
Health care
- € 548
Pension
- € 1,437
Dependency Insurance
- € 154
Total tax
- € 2,807
Net pay
* € 15,161
Marginal tax rate
24.4%
Average tax rate
15.6%
84.4%
Net pay
15.6%
Total tax
Total tax
Net pay
Summary
If you make € 17,968 a year living in Luxembourg, you will be taxed € 2,807. That means that your net pay will be € 15,161 per year, or € 1,263 per month. Your average tax rate is 15.6% and your marginal tax rate is 24.4%. 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 € 24.42, hence, your net pay will only increase by € 75.58.
Bonus Example
A € 1,000 bonus will generate an extra € 756 of net incomes. A € 5,000 bonus will generate an extra € 3,779 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.