Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
€ 2,000
Income Tax
- € 275
Social Security
- € 282
Total tax
- € 558
Net pay
* € 1,442
Marginal tax rate
34.8%
Average tax rate
27.9%
72.1%
Net pay
27.9%
Total tax
Total tax
Net pay
The Taxberg
€ 1,442
Net pay
€ 451
Tax the employer pays
€ 558
Tax you pay
Total tax paid
€ 1,009
Did you know your employer also pays tax on your salary? It costs the employer € 451 to pay you € 2,000. In other words, every time you spend € 10 of your hard-earned money, € 5.04 goes to the government.
Real tax rate
41.2%
So, with you and the employer both paying tax, what used to be a 27.9% tax rate now rises to 41.2%, meaning your real tax rate is actually 13.3% higher than what it seemed at first.
Summary
If you make € 24,000 a year living in Greece, you will be taxed € 6,694. That means that your net pay will be € 17,306 per year, or € 1,442 per month. Your average tax rate is 27.9% and your marginal tax rate is 34.8%. 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 € 34.78, hence, your net pay will only increase by € 65.22.
Bonus Example
A € 1,000 bonus will generate an extra € 652 of net incomes. A € 5,000 bonus will generate an extra € 3,261 of net incomes.
Europe
Country 
Net pay
Average tax
Rank
Switzerland
EUR 21651
9.8%
1
Ireland
EUR 21335
11.1%
2
United Kingdom
EUR 21066
12.2%
3
Russia
EUR 20880
13.0%
4
France
EUR 20421
14.9%
5
Norway
EUR 19791
17.5%
6
Hungary
EUR 19560
18.5%
7
Luxembourg
EUR 19551
18.5%
8
Austria
EUR 19395
19.2%
9
Ukraine
EUR 19320
19.5%
10
Spain
EUR 19181
20.1%
11
Czech Republic
EUR 18976
20.9%
12
Italy
EUR 17476
27.2%
13
Greece
EUR 17306
27.9%
14
Germany
EUR 17302
27.9%
15
Sweden
EUR 17295
27.9%
16
Poland
EUR 16495
31.3%
17
Denmark
EUR 16090
33.0%
18
Finland
EUR 15878
33.8%
19
Portugal
EUR 15471
35.5%
20
Netherlands
EUR 15103
37.1%
21
Belgium
EUR 14353
40.2%
22
Romania
EUR 14040
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
EUR 19992
16.7%
1
Canada
EUR 17814
25.8%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
EUR 22613
5.8%
1
Taiwan
EUR 21517
10.3%
2
Thailand
EUR 21304
11.2%
3
Australia
EUR 21089
12.1%
4
South Korea
EUR 20139
16.1%
5
New Zealand
EUR 20015
16.6%
6
Pakistan
EUR 19386
19.2%
7
Indonesia
EUR 19301
19.6%
8
Kazakhstan
EUR 19194
20.0%
9
Malaysia
EUR 18989
20.9%
10
Japan
EUR 18985
20.9%
11
Singapore
EUR 18960
21.0%
12
Philippines
EUR 18234
24.0%
13
Vietnam
EUR 17557
26.9%
14
China
EUR 16764
30.2%
15
India
EUR 15807
34.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
EUR 21699
9.6%
1
Puerto Rico
EUR 21272
11.4%
2
Costa Rica
EUR 21232
11.5%
3
Ecuador
EUR 20633
14.0%
4
Colombia
EUR 19950
16.9%
5
Panama
EUR 19707
17.9%
6
Chile
EUR 19342
19.4%
7
Mexico
EUR 18762
21.8%
8
Peru
EUR 18404
23.3%
9
Brazil
EUR 17927
25.3%
10
Uruguay
EUR 17416
27.4%
11
Argentina
EUR 15593
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
EUR 19167
20.1%
1
Mozambique
EUR 17653
26.4%
2
Angola
EUR 17623
26.6%
3
Kenya
EUR 17276
28.0%
4
Ghana
EUR 16813
30.0%
5
Ivory Coast
EUR 16806
30.0%
6
Morocco
EUR 16666
30.6%
7
Nigeria
EUR 16442
31.5%
8
Uganda
EUR 15876
33.9%
9
Cameroon
EUR 15770
34.3%
10
Senegal
EUR 15474
35.5%
11
Zambia
EUR 15034
37.4%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
EUR 22800
5.0%
1
Qatar
EUR 22800
5.0%
2
Bahrain
EUR 22080
8.0%
3
Oman
EUR 22080
8.0%
4
Saudi Arabia
EUR 21600
10.0%
5
Kuwait
EUR 21360
11.0%
6
Israel
EUR 20333
15.3%
7
Egypt
EUR 18259
23.9%
8
Lebanon
EUR 18178
24.3%
9
Turkey
EUR 14135
41.1%
10
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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.