Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
€ 1,297
Income Tax
- € 137
Social Security
- € 183
Total tax
- € 320
Net pay
* € 977
Marginal tax rate
33.0%
Average tax rate
24.7%
75.3%
Net pay
24.7%
Total tax
Total tax
Net pay
The Taxberg
€ 977
Net pay
€ 292
Tax the employer pays
€ 320
Tax you pay
Total tax paid
€ 612
Did you know your employer also pays tax on your salary? It costs the employer € 292 to pay you € 1,297. In other words, every time you spend € 10 of your hard-earned money, € 4.72 goes to the government.
Real tax rate
38.5%
So, with you and the employer both paying tax, what used to be a 24.7% tax rate now rises to 38.5%, meaning your real tax rate is actually 13.8% higher than what it seemed at first.
Summary
If you make € 15,564 a year living in Greece, you will be taxed € 3,838. That means that your net pay will be € 11,726 per year, or € 977 per month. Your average tax rate is 24.7% and your marginal tax rate is 33.0%. 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 € 33.01, hence, your net pay will only increase by € 66.99.
Bonus Example
A € 1,000 bonus will generate an extra € 670 of net incomes. A € 5,000 bonus will generate an extra € 3,350 of net incomes.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
USA
EUR 13580
12.8%
1
Canada
EUR 11650
25.2%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
EUR 14778
5.1%
1
Australia
EUR 14613
6.1%
2
Thailand
EUR 14303
8.1%
3
Taiwan
EUR 14188
8.8%
4
South Korea
EUR 13526
13.1%
5
Pakistan
EUR 13337
14.3%
6
New Zealand
EUR 13172
15.4%
7
Malaysia
EUR 13106
15.8%
8
Indonesia
EUR 13099
15.8%
9
Japan
EUR 12575
19.2%
10
Philippines
EUR 12492
19.7%
11
Singapore
EUR 12425
20.2%
12
Kazakhstan
EUR 12361
20.6%
13
Vietnam
EUR 11865
23.8%
14
India
EUR 11015
29.2%
15
China
EUR 10996
29.4%
16
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
EUR 14786
5.0%
1
Qatar
EUR 14786
5.0%
2
Bahrain
EUR 14319
8.0%
3
Oman
EUR 14319
8.0%
4
Saudi Arabia
EUR 14008
10.0%
5
Kuwait
EUR 13852
11.0%
6
Israel
EUR 13517
13.2%
7
Egypt
EUR 11932
23.3%
8
Lebanon
EUR 11851
23.9%
9
Turkey
EUR 8818
43.3%
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.