Income tax calculator Luxembourg
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
€ 24,917
Income Tax
- € 1,705
Health care
- € 760
Pension
- € 1,993
Dependency Insurance
- € 252
Total tax
- € 4,710
Net pay
*
€ 20,207
Marginal tax rate
29.3%
Average tax rate
18.9%
81.1%
Net pay
18.9%
Total tax
Total tax
Net pay
Summary
If you make € 24,917 a year living in Luxembourg, you will be taxed € 4,710. That means that your net pay will be € 20,207 per year, or € 1,684 per month. Your average tax rate is 18.9% and your marginal tax rate is 29.3%. 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 € 29.32, hence, your net pay will only increase by € 70.68.
Bonus Example
A € 1,000 bonus will generate an extra € 707 of net incomes. A € 5,000 bonus will generate an extra € 3,534 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.