Income tax calculator Czech Republic
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
950 Kč
Income Tax
- 132 Kč
Social Insurance
- 58.30 Kč
Health Insurance
- 40.36 Kč
Total tax
- 231 Kč
Net pay
*
719 Kč
Marginal tax rate
23.1%
Average tax rate
24.3%
75.7%
Net pay
24.3%
Total tax
Total tax
Net pay
The Taxberg
719 Kč
Net pay
303 Kč
Tax the employer pays
231 Kč
Tax you pay
Total tax paid
534 Kč
Did you know your employer also pays tax on your salary? It costs the employer 303 Kč to pay you 950 Kč. In other words, every time you spend 10 Kč of your hard-earned money, 5.62 Kč goes to the government.
Real tax rate
42.6%
So, with you and the employer both paying tax, what used to be a 24.3% tax rate now rises to 42.6%, meaning your real tax rate is actually 18.3% higher than what it seemed at first.
Summary
If you make 1,976,000 Kč a year living in Czech Republic, you will be taxed 479,608 Kč. That means that your net pay will be 1,496,392 Kč per year, or 124,699 Kč per month. Your average tax rate is 24.3% and your marginal tax rate is 23.2%. 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 23.15 Kč, hence, your net pay will only increase by 76.85 Kč.
Bonus Example
A 1,000 Kč bonus will generate an extra 769 Kč of net incomes. A 5,000 Kč bonus will generate an extra 3,843 Kč of net incomes.
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.