Gross to Net Salary
Simple gross/net estimate (-23%).
Explanation
Converting Gross to Net salary (and vice versa) is a classic headache. This calculator gives you a quick estimate of what will actually land in your bank account. ### Gross vs Net - **Gross Salary**: This is the amount stated in your employment contract. It includes employee social contributions/taxes. - **Net Salary**: This is what you receive (Gross - Deductions). ### Deductions Deductions vary greatly by country and status, but generally include: - Social Security - Pension contributions - Income Tax (PAYE) - Health Insurance ### Total Cost for Employer The employer often pays additional payroll taxes on top of the gross salary.
Examples
- Example varies significantly by country tax laws.
- Generally, Net is 70-80% of Gross in many systems.
FAQ
Is the calculation exact?
No, it depends on specific local tax laws, benefits, and deductions. It is a reliable estimate.
Why is my net lower?
Check if your tax rate has changed or if insurance costs have increased.
Disclaimer
Financial results are estimates and do not constitute investment advice.