Lower taxation and social charges
The comparison is based on a single person without children, established in september 2017.
|
Belgium |
France |
Germany |
Luxembourg |
|---|---|---|---|---|
Total costs for employers |
3,964 |
4,374 |
3,582 |
3,465 |
Tax / social charges |
964 |
1,374 |
582 |
465 |
Gross monthly salary |
3,000 |
3,000 |
3,000 |
3,000 |
Tax / social charges |
1,101 |
1,063 |
1,077 |
570 |
Net salary for employees |
1,898 |
1,937 |
1,923 |
2,430 |
Ratio net/cost (%) |
47 |
44 |
53 |
70 |
Highly productive workforce
The diagramm below represents the labour productivity per person employed in 2015.
The value of EU 28 serves as reference (= base 100).
Source : OECD, Per capita GDP and Productivity Levels - Latest Year
Compared to other EU countries, an employee in Luxembourg with the same gross salary would cost less to its employer and get a higher salary, due to low personal income tax and social security charges. In addition, Luxembourg labour workforce is highly productive due to the competences and the hard working mentality of its people.
At a glance
- Lower taxation and social charges compared to other countries
- highly skilled and multilingual workforce.