Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
21,240 Kč
Social Insurance
- 1,381 Kč
Health Insurance
- 956 Kč
Total tax
- 2,336 Kč
Net pay
* 18,904 Kč
Marginal tax rate
11.0%
Average tax rate
11.0%
89.0%
Net pay
11.0%
Total tax
Total tax
Net pay
The Taxberg
18,904 Kč
Net pay
7,179 Kč
Tax the employer pays
2,336 Kč
Tax you pay
Total tax paid
9,516 Kč
Did you know your employer also pays tax on your salary? It costs the employer 7,179 Kč to pay you 21,240 Kč. In other words, every time you spend 10 Kč of your hard-earned money, 4.48 Kč goes to the government.
Real tax rate
33.5%
So, with you and the employer both paying tax, what used to be a 11% tax rate now rises to 33.5%, meaning your real tax rate is actually 22.5% higher than what it seemed at first.
Summary
If you make 21,240 Kč a year living in Czech Republic, you will be taxed 2,336 Kč. That means that your net pay will be 18,904 Kč per year, or 1,575 Kč per month. Your average tax rate is 11.0% and your marginal tax rate is 11.0%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of 100 Kč in your salary will be taxed 11 Kč, hence, your net pay will only increase by 89 Kč.
Bonus Example
A 1,000 Kč bonus will generate an extra 890 Kč of net incomes. A 5,000 Kč bonus will generate an extra 4,450 Kč of net incomes.
North America
Country 
Net pay
Average tax
Rank
Canada
CZK 20481
3.6%
1
USA
CZK 19400
8.7%
2
Latin America
Country 
Net pay
Average tax
Rank
Mexico
CZK 20736
2.4%
1
Brazil
CZK 19647
7.5%
2
Puerto Rico
CZK 19551
8.0%
3
Colombia
CZK 19541
8.0%
4
Ecuador
CZK 19233
9.5%
5
Guatemala
CZK 19203
9.6%
6
Costa Rica
CZK 19010
10.5%
7
Panama
CZK 18904
11.0%
8
Peru
CZK 18585
12.5%
9
Argentina
CZK 17629
17.0%
10
Chile
CZK 17502
17.6%
11
Uruguay
CZK 17396
18.1%
12
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NOTE* Withholding is calculated based on the tables of Czech Republic, 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.