Income tax calculator Luxembourg
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
€ 18,746
Income Tax
- € 761
Health care
- € 572
Pension
- € 1,500
Dependency Insurance
- € 165
Total tax
- € 2,998
Net pay
*
€ 15,748
Marginal tax rate
24.6%
Average tax rate
16.0%
84.0%
Net pay
16.0%
Total tax
Total tax
Net pay
The Taxberg
€ 15,748
Net pay
€ 2,868
Tax the employer pays
€ 2,998
Tax you pay
Total tax paid
€ 5,866
Did you know your employer also pays tax on your salary? It costs the employer € 2,868 to pay you € 18,746. In other words, every time you spend € 10 of your hard-earned money, € 3.13 goes to the government.
Real tax rate
27.1%
So, with you and the employer both paying tax, what used to be a 16% tax rate now rises to 27.1%, meaning your real tax rate is actually 11.1% higher than what it seemed at first.
Summary
If you make € 18,746 a year living in Luxembourg, you will be taxed € 2,998. That means that your net pay will be € 15,748 per year, or € 1,312 per month. Your average tax rate is 16.0% and your marginal tax rate is 24.6%. 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 € 24.55, hence, your net pay will only increase by € 75.45.
Bonus Example
A € 1,000 bonus will generate an extra € 755 of net incomes. A € 5,000 bonus will generate an extra € 3,773 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.