Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
€ 10
Income Tax
- € 0.77
Social Security
- € 1.41
Total tax
- € 2.19
Net pay
* € 7.82
Marginal tax rate
21.9%
Average tax rate
21.9%
78.2%
Net pay
21.9%
Total tax
Total tax
Net pay
The Taxberg
€ 7.82
Net pay
€ 2.25
Tax the employer pays
€ 2.19
Tax you pay
Total tax paid
€ 4.44
Did you know your employer also pays tax on your salary? It costs the employer € 2.25 to pay you € 10. In other words, every time you spend € 10 of your hard-earned money, € 4.44 goes to the government.
Real tax rate
36.2%
So, with you and the employer both paying tax, what used to be a 21.9% tax rate now rises to 36.2%, meaning your real tax rate is actually 14.3% higher than what it seemed at first.
Summary
If you make € 120 a year living in Greece, you will be taxed € 26.22. That means that your net pay will be € 93.78 per year, or € 7.82 per month. Your average tax rate is 21.9% and your marginal tax rate is 21.9%. 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 € 21.85, hence, your net pay will only increase by € 78.15.
Bonus Example
A € 1,000 bonus will generate an extra € 782 of net incomes. A € 5,000 bonus will generate an extra € 3,908 of net incomes.
Compare average tax
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
EUR 120
0.0%
1
Germany
EUR 120
0.0%
2
Austria
EUR 120
0.0%
3
Ireland
EUR 120
0.0%
4
Sweden
EUR 120
0.0%
5
Norway
EUR 120
0.0%
6
Spain
EUR 112
6.4%
7
Italy
EUR 109
9.2%
8
France
EUR 108
9.7%
9
Czech Republic
EUR 107
11.0%
10
Luxembourg
EUR 107
11.1%
11
Russia
EUR 104
13.0%
12
Hungary
EUR 98
18.5%
13
Ukraine
EUR 97
19.5%
14
Poland
EUR 94
21.5%
15
Greece
EUR 94
21.9%
16
Portugal
EUR 89
25.6%
17
Switzerland
EUR 87
27.6%
18
Finland
EUR 83
30.8%
19
Belgium
EUR 82
32.0%
20
Netherlands
EUR 76
37.0%
21
Romania
EUR 70
41.5%
22
Denmark
EUR 0
100.0%
23
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North America
Country 
Net pay
Average tax
Rank
Canada
EUR 118
1.6%
1
USA
EUR 110
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
EUR 120
0.0%
1
Singapore
EUR 120
0.0%
2
Hong Kong
EUR 120
0.0%
3
Thailand
EUR 114
5.0%
4
Pakistan
EUR 110
8.5%
5
Indonesia
EUR 109
8.8%
6
Taiwan
EUR 109
8.9%
7
South Korea
EUR 107
10.7%
8
New Zealand
EUR 106
11.9%
9
India
EUR 106
12.0%
10
China
EUR 104
13.2%
11
Malaysia
EUR 102
14.8%
12
Vietnam
EUR 102
15.0%
13
Japan
EUR 98
18.7%
14
Kazakhstan
EUR 95
20.8%
15
Philippines
EUR 85
29.0%
16
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Latin America
Country 
Net pay
Average tax
Rank
Mexico
EUR 117
2.4%
1
Brazil
EUR 111
7.5%
2
Puerto Rico
EUR 110
8.0%
3
Colombia
EUR 110
8.0%
4
Ecuador
EUR 109
9.5%
5
Guatemala
EUR 108
9.6%
6
Costa Rica
EUR 107
10.5%
7
Panama
EUR 107
11.0%
8
Peru
EUR 105
12.5%
9
Argentina
EUR 100
17.0%
10
Chile
EUR 99
17.6%
11
Uruguay
EUR 98
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
EUR 119
1.0%
1
Uganda
EUR 114
5.0%
2
Ghana
EUR 113
5.5%
3
Zambia
EUR 113
6.0%
4
Morocco
EUR 112
6.7%
5
Ivory Coast
EUR 111
7.5%
6
Senegal
EUR 108
9.8%
7
Angola
EUR 108
9.9%
8
Cameroon
EUR 101
15.6%
9
Nigeria
EUR 100
16.8%
10
Mozambique
EUR 97
19.6%
11
Kenya
EUR 89
25.5%
12
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Middle East
Country 
Net pay
Average tax
Rank
Egypt
EUR 120
0.0%
1
Saudi Arabia
EUR 120
0.0%
2
United Arab Emirates
EUR 114
5.0%
3
Qatar
EUR 114
5.0%
4
Lebanon
EUR 111
7.6%
5
Bahrain
EUR 110
8.0%
6
Oman
EUR 110
8.0%
7
Kuwait
EUR 107
11.0%
8
Israel
EUR 104
13.2%
9
Turkey
EUR 101
15.8%
10
Show more
NOTE* Withholding is calculated based on the tables of Greece, 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.