Total tax paid
€ 46,769
Did you know your employer also pays tax on your salary? It costs the employer € 12,769 to pay you € 83,460. In other words, every time you spend € 10 of your hard-earned money, € 5.60 goes to the government.
Real tax rate
48.6%
So, with you and the employer both paying tax, what used to be a 40.7% tax rate now rises to 48.6%, meaning your real tax rate is actually 7.9% higher than what it seemed at first.