Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
€ 31,006
Income Tax
- € 3,063
Health care
- € 946
Pension
- € 2,480
Dependency Insurance
- € 337
Total tax
- € 6,826
Net pay
* € 24,180
Marginal tax rate
39.5%
Average tax rate
22.0%
78.0%
Net pay
22.0%
Total tax
Total tax
Net pay
Summary
If you make € 31,006 a year living in Luxembourg, you will be taxed € 6,826. That means that your net pay will be € 24,180 per year, or € 2,015 per month. Your average tax rate is 22.0% and your marginal tax rate is 39.5%. 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 € 39.49, hence, your net pay will only increase by € 60.51.
Bonus Example
A € 1,000 bonus will generate an extra € 605 of net incomes. A € 5,000 bonus will generate an extra € 3,026 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.