Income Tax Calculator
Calculate your income tax for 8 countries using real 2024 tax brackets. Enter your annual gross income and country — our calculator shows the total tax owed, your effective (average) tax rate, net annual income, and a breakdown by tax bracket.
Frequently Asked Questions
What is a marginal tax rate?
A marginal tax rate is the rate applied to your last dollar of income. In a progressive tax system, you pay different rates on different portions of your income. For example, in the US, only income above $609,350 is taxed at 37% — the rest is taxed at lower rates.
What is the effective tax rate?
The effective (average) tax rate is the total tax you pay divided by your total income. It is always lower than your marginal rate because lower portions of your income are taxed at lower rates. This is the number that tells you what percentage of your income actually goes to taxes.
Does this calculator include social security contributions?
No — this calculator only shows income tax (e.g., federal income tax in the US). It does not include social security, Medicare, national insurance, pension contributions, or local/state taxes. Your actual take-home pay will be lower.
Which country has the lowest income tax?
Among the 8 countries in our calculator, Ukraine has a simple flat rate of 19.5% (18% + 1.5% military levy). The US and Poland offer tax-free allowances that make lower incomes effectively tax-free. Germany has the highest top rate but only applies to very high incomes.