[yannickmahe]

30% income tax is the marginal rate.

On your 30k, you get 1925€ per month (23k/yr) after corporate tax/social security etc. We call this "net" even though income tax is due on top of that.

For income tax, you pay taxes according to the following brackets (on yearly income) :

- 0€ to 9700€ : 0%

- 9701€ to 26791€ : 14%

- 26791€ to 71826€ : 30%

That means for a single person with no children, you pay an incone tax of 234€/yr, or 20€/month.

[rory]

Am I misunderstanding or did you make a math error? I'm getting: (23000-9700)*.14 = 1862€/yr

[wott]

He make an error, indeed

In fact, the tax we will be a bit lower than your (correct) calculation, because the calculation should be made on 90% of the income only.

So, the result is 1530 € (there's another insignificant reduction after calculation). And that's an effective 6,6% tax rate.

[yannickmahe]

Ha, my calculation included my child (counts a 1/2 part). You are right, single person would be ~1800/yr, 150/month