Luxembourg Residents Income Tax Tables in 2020: Income Tax Rates and Thresholds (Annual) Tax Rate Taxable Income Threshold; 0%: Income from € to: €11,265.00: 8%: The calculator is designed to be used online with mobile, desktop and tablet devices. directly on income paid by the employer for salaried persons or by the administration for pensioners. If you make 50,000 € a year living in Luxembourg, you will be taxed 15,968 €. The Luxembourg tax authorities shall have the right to request a certificate from the foreign tax authorities with regard to the recognition of the foreign PE. Your average tax rate is 31.94% and your marginal tax rate is 54.17%. A quick and efficient way to The Luxembourg Income Tax Calculator uses income tax rates from the following tax years (2019 is simply the default year for this tax calculator), please note these income tax tables only include taxable elements, allowances and thresholds used in the Luxembourg Annual Income Tax Calculator, if you identify an error in the tax tables, or a tax credit / threshold that you would like us to add to the tax calculator, please contact us. Be smart about your taxes, get a forecast of your Luxembourg income tax before you file your return, and see how investing for the long term can help you save in the short term. Ready to make more money? This handy guide sums up the essential information on the main Luxembourg corporate taxes and the legal deadlines in matter of administrative requirements. For simplification purposes some variables (such as marital status and others) have been assumed. View jobs starting at family status). In Luxembourg, personal income tax is calculated according to a scale based on the total level of income, not on the nature of the income.
The Tax tables below include the tax rates, thresholds and allowances included in the Luxembourg Tax Calculator 2020. They used the tax calculator to see how much tax they will have to pay now they have changed tax class. © 2018 KPMG Luxembourg, Société coopérative, a Luxembourg entity and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG This document does not represent legal authority and shall be used for approximation purposes only.
the tax class. All rights reserved. NOTE* Deductions are calculated based on the tables of Luxembourg, 2020 income tax. International"), a Swiss entity. With the tax calculator you can find out your net income from the gross amount in Luxembourg. View jobs starting at Three tax classes have been defined: Class 1 for single persons. Class 2 for married persons as well as civil partners (under certain conditions). The KPMG Luxembourg Tax Calculator gives you a rigorous prediction of the tax due on your 2017 or 2018 income. They just got married!