Income tax calculator Luxembourg
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
€ 20,704
Income Tax
- € 1,033
Health care
- € 631
Pension
- € 1,656
Dependency Insurance
- € 193
Total tax
- € 3,514
Net pay
*
€ 17,190
Marginal tax rate
28.4%
Average tax rate
17.0%
83.0%
Net pay
17.0%
Total tax
Total tax
Net pay
The Taxberg
€ 17,190
Net pay
€ 3,168
Tax the employer pays
€ 3,514
Tax you pay
Total tax paid
€ 6,681
Did you know your employer also pays tax on your salary? It costs the employer € 3,168 to pay you € 20,704. In other words, every time you spend € 10 of your hard-earned money, € 3.23 goes to the government.
Real tax rate
28.0%
So, with you and the employer both paying tax, what used to be a 17% tax rate now rises to 28.0%, meaning your real tax rate is actually 11% higher than what it seemed at first.
Summary
If you make € 20,704 a year living in Luxembourg, you will be taxed € 3,514. That means that your net pay will be € 17,190 per year, or € 1,433 per month. Your average tax rate is 17.0% and your marginal tax rate is 28.4%. 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 € 28.39, hence, your net pay will only increase by € 71.61.
Bonus Example
A € 1,000 bonus will generate an extra € 716 of net incomes. A € 5,000 bonus will generate an extra € 3,581 of net incomes.
Compare average tax
North America
Country
Net pay
Average tax
Rank
USA
EUR 17,513
15.4%
1
Canada
EUR 15,383
25.7%
2
Africa
Country
Net pay
Average tax
Rank
South Africa
EUR 16,890
18.4%
1
Mozambique
EUR 15,425
25.5%
2
Angola
EUR 15,225
26.5%
3
Kenya
EUR 14,969
27.7%
4
Morocco
EUR 14,668
29.2%
5
Ivory Coast
EUR 14,645
29.3%
6
Ghana
EUR 14,632
29.3%
7
Nigeria
EUR 14,200
31.4%
8
Cameroon
EUR 13,763
33.5%
9
Uganda
EUR 13,734
33.7%
10
Senegal
EUR 13,476
34.9%
11
Zambia
EUR 13,007
37.2%
12
Show more
Middle East
Country
Net pay
Average tax
Rank
United Arab Emirates
EUR 19,669
5.0%
1
Qatar
EUR 19,669
5.0%
2
Bahrain
EUR 19,048
8.0%
3
Oman
EUR 19,048
8.0%
4
Saudi Arabia
EUR 18,634
10.0%
5
Kuwait
EUR 18,427
11.0%
6
Israel
EUR 17,819
13.9%
7
Egypt
EUR 15,787
23.8%
8
Lebanon
EUR 15,706
24.1%
9
Turkey
EUR 12,069
41.7%
10
Show more
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.