Calculate your income tax in Italy, salary deductions in Italy and compare salary after tax for income earned in Italy in the 2023 tax year using the Italy salary after tax calculators.
Select a payroll calculator from the list below that matches how you get paid or how your salary package is detailed.
- Annual Salary After Tax Calculator
- Monthly Salary After Tax Calculator
- Four Weekly Salary After Tax Calculator
- Fortnightly Salary After Tax Calculator
- Weekly Salary After Tax Calculator
- Daily Salary After Tax Calculator
- Hourly Rate Salary After Tax Calculator
- Italy 2023 Income Tax Calculator
- Italy 2022 Income Tax Calculator
- Italy 2021 Income Tax Calculator
- Italy 2020 Income Tax Calculator
- Italy 2019 Income Tax Calculator
How to calculate your salary after tax in Italy
Follow these simple steps to calculate your salary after tax in Italy using the Italy Salary Calculator 2023 which is updated with the 2023/24 tax tables.
- Resident Status. The Resident status in Italy here refers to your tax status, not necessarily your visa type or domicile. From a tax calculation perspective, your Tax Resident Status affects non-refundable tax credits and income tax allowances. As with most countries with an international workforce, Italy has numerous tax/fiscal Memorandums of Understanding (MOU) and Tax Treaties in place.
- Employment Income. This is the amount of salary you are paid. The Italy tax calculator assumes this is your annual salary before tax. If you wish to enter you monthly salary, weekly or hourly wage, then select the 'Advanced' option on the Italy tax calculator and change the 'Employment Income and Employment Expenses period'.
- Region. This is the Region location where you live or are paid for income tax purposes.
- Municipal Income Tax Rate. This is the rate at which Municipal income tax is charged at the location where you live or are taxed for income tax purposes. This rate is editable due to the frequent changes and number of differing municipal tax rates in Italy.
That's it! Just two simple steps to calculate your salary after tax in Italy with detailed income tax calculations. Need more from the Italy Tax Calculator? More detailed salary calculator or a wage calculator? Simply select 'advanced' to access more features of the tax calculator.
Advanced Features of the Italy Income Tax Calculator
- Tax Assessment Year The tax assessment year is defaulted to 2023, you can change the tax year as required to calculate your salary after tax for a specific year.
- Your Age You age is used to calculate specific age related tax credits and allowances in Italy.
- Number of Children and Number of Children who qualify for Dependents Allowance The number of children you have and their status is used to calculate specific dependents related tax credits and allowances in Italy.
- Number of Working Days in the year The number of working days in the year is used to calculate average daily / weekly etc. earning for the salary calculation and after tax illustrations
- Number of hours worked per week The number of hours worked in the year is used to calculate average daily / weekly / hourly earnings etc. for the salary calculation and after tax illustrations
- Number of weeks worked in the year The number of working weeks in the year is used to calculate average daily / weekly etc. earning for the salary calculation and after tax illustrations
- Employment Income and Employment Expenses period The default Employment Income and Expenses period is 'Annual' meaning the amount you entered as your Employment Income in Italy. is your annual salary before tax. You can change this to monthly, weekly, four weekly, hourly salary etc. as required to calculate your net pay in Italy..
How to Calculate Regional and Municipal Tax in Italy
In addition to the national income tax, which is deducted via payroll in Italy, you will also have to pay income tax at a Regional level and a Municipal level. Regional level income tax is calculated using either progressive rates (which are typically in line with the national thresholds) or using a flat rate. Municipal level income tax is charged at a flat rate. It is important to note that there are special tax credits, exemptions and alterations to the income tax thresholds for regional income tax calculation if you meet certain specific criteria, examples of these which are integrated with iCalculators Italy payroll, tax and salary and salary calculators includes:
Reduced rate of 1.23% in the case of 2 or more dependent children for tax purposes or in the case of dependent children of more than one person, if the sum of the income is between € 50,000.00 and € 0.00.
Deduction of € 28,000.00 for all taxpayers; deduction of € 252.00 for each dependent child of taxpayers with an income of up to € 70,000.00.
Income tax rate of 1.73% for:
- Subjects with an income of up to € 35,000.00.
- Persons with an income of up to € 50,000.00 with 3 dependent children (if the children are dependent on more than one person, the sum of the income must be less than € 50,000.00, the threshold is raised by € 5,000.00 for each additional dependent).
- Persons with an income of up to € 50,000.00 with 1 or more disabled children as dependants.
- Over 70 years of age with disabilities belonging to a household with a taxable income of up to € 50,000.00.
Income tax rate of 1.23% for people coming from other Italian or foreign regions under 45 years of age who transfer their residence to Liguria.
Deduction of € 250.00 for each disabled dependent child and € 300.00 for taxpayers with more than 3 dependent children (with € 100.00 for each additional child).
Deduction of € 20.00 for each dependent child and € 375.00 for each disabled child for taxpayers with more than 3 dependent children.
Deduction of € 200.00 for each dependent minor child (€ 300.00 for disabled children) for persons with a taxable income of up to € 55,000.00.
Deduction of € 20,000.00 for taxpayers with a taxable income of up to € 20,000.00.
0.9% income tax rate for disabled persons with a taxable income up to € 45,000.00 and for taxpayers with a dependent disabled family member with a taxable income up to € 45,000.00 (if the disabled person is dependent on several persons, the 0.9% rate applies if the total income is less than € 45,000.00).
Additional features available with the Italy Tax Calculator
In addition to the features and options described above, the Italy Tax Calculator also has the following features:
- Select Simple or Advanced. The Simple option is mainly used for those who want to quickly calculate their salary after tax, perhaps to review an annual pay rise or incremental pay rise. The Simple tax calculator is also useful for comparing salaries in Italy, great if you are looking at a new job in Italy or comparing salaries in different industries in Italy. It's a particulalry useful tool for Expats in Italy or those looking at the expat lifestyle in Italy. The Advanced Tax Calculator is designed for those who wish to calculate their tax commitments with more detail, for example you may with you calculate your monthly/quarterly/annual tax withholdings to ensure you retain sufficient revenue to cover the cost of your annual self-assessment tax return.
- Normal or Full-Page View. The Normal view allows you to use the Italy Salary Calculator within the normal content, this means you see the standard menus, text and information around the calculator. This view is better suited to those who are doing a quick salary comparison or quickly estimating their monthly tax withholdings in Italy. The Full Page view hides the menus and unnecessary text, providing a clear, uncluttered view of the Salary and Tax Calculator, this is the best view for competing more advanced tax calculations as there is less distraction whilst entering key income and expense information.
In March 2023 contractual hourly wages +0.1% over February and +2.2% year-over-year.What is the minimum salary in Italy 2023? ›
Latest data on Wages (EUR/ Month)
The maximum rate of average wage for employees was 2502 EUR/ Month and minimum was 1176 EUR/ Month.
According to Salary Explorer, the average gross salary for Italy as of March 2023 is around €43,800 per year or €3,650 a month.What is a good salary in 2023? ›
If a worker works 52 weeks a year, this equates to a national annual salary of $51,168, up 5.1 per cent from the previous year. Any sum beyond that should be regarded as a good salary; however, this is not always the case.What is the payroll cost of living increase for 2023? ›
Wages and salaries increased 4.7 percent for the 12- month period ending in March 2023 and 3.1 percent a year ago. Benefit costs increased 5.0 percent for the 12-month period ending in March 2023.What is the wage grade cost of living increase for 2023? ›
As you've likely seen in the news, federal civilian employees are getting a significant pay boost in 2023. Civilians will be getting an average 4.6 percent increase. Here are the new GS pay tables.What is a livable salary in Italy? ›
Living Wage Individual in Italy averaged 893.75 EUR/Month from 2015 until 2018, reaching an all time high of 950.00 EUR/Month in 2017 and a record low of 825.00 EUR/Month in 2015. Italy Living Wage Individual - values, historical data and charts - was last updated on June of 2023.Which country has the highest salary in the world 2023? ›
The top three countries on this list are Switzerland, Luxembourg, and Singapore, where citizens earn more than Rs. 4 lakh per month on average. Specifically, the average monthly salary in Switzerland is Rs. 4,98,567, in Luxembourg it is Rs.Which job has highest salary in Italy? ›
- Managing Director Top Management. 11,272 EUR.
- Chief Executive Officer Top Management. ...
- Country Manager/Director Top Management. ...
- Sales Director Top Management. ...
- Economic/Financial Manager Top Management. ...
- Leasing Director Leasing. ...
- IT Director Top Management. ...
- Production Director Top Management.
The average rent price in Italy is 800 EUR (880 USD) a month. However, this is just the average—you will find rental prices to range from 490 to 1,550 EUR (540 to 1,700 USD). Below is a table with monthly rental prices by region, from most expensive to least expensive.
Norway is one of the most developed countries in the world. This state attracts foreigners with a decent standard of living, high wages, a loyal tax system, and employment opportunities in this country. The average salary in Norway allows you to live quite at a decent level.Do you tip in Italy? ›
First off, tipping in Italy is neither mandatory nor expected, but if you do decide to do so, the gesture is a very clear indicator that you appreciated the service provided.Will salaries go down in 2023? ›
A fall survey by research firm WTW had average estimated salary increases rising to 4.6% in 2023 from actual pay rises of 4.2% last year. A Conference Board poll highlighted a similar trend, with budgets for salary increases rising to 4.3% from 4.1% last year.What is middle class income 2023? ›
Middle class households here earn between $84,673 and $252,754.What salary is middle class? ›
Pew draws on the same formula used in the SmartAsset report, defining the middle class as those with incomes between two-thirds and twice the national median income. That works out to a national salary range of roughly $52,000 to $156,000 in 2020 dollars for a three-person household.Are payroll taxes going up in 2023? ›
1. Social Security Wage Base Increases by Nearly 9% The social security wage base — the maximum income subject to social security tax — will increase from $147,000 to $160,200 starting January 1, 2023. This increase will reflect a nearly 9% jump.What is a good raise percentage? ›
How much of a raise should I ask for? The average pay raise is 3%. A good pay raise ranges from 4.5% to 5%, and anything more than that is considered exceptional.How much should salary increase per year? ›
How much should my salary increase each year? Your salary should increase by at least 3-5% per year. While annual raises vary a lot depending on your circumstance, a raise of at least 5% is more than adequate. Anything above that would be considered higher than average.Is a 5% raise good? ›
Companies typically offer employees a 3-5% pay increase on average. Even if this range doesn't seem like a reasonable raise to you, keep in mind that consistent wage increases can add up over time, providing you with a higher income than what you received when you started at the company.What not to say when asking for a raise? ›
- "I Deserve a Raise Because I Have Been Here 'X' Amount of Years." ...
- "I Feel That…" ...
- "X Is Making More than Me." ...
- "I'm Overdue for a Raise." ...
- "I Will Leave if I Don't Receive a Raise of X Amount." ...
- "I'm Going to Need to Go to the Competition." ...
- "I Need More Money Because I'm in Debt."
An annual pay increase of 3% may not sound substantial, especially when compared to inflation and the rising costs of necessary goods and services, such as healthcare. But in today's environment, it's better than anything. Over time, relatively small raises will compound and may very well result in a very nice salary.Is it cheaper to live in Italy or USA? ›
It's the primary reason many people first consider moving overseas. In general, the COL in Italy can be 30% to 70% lower than the cost of living in the U.S., depending on where in Italy you want to live, and how you want to live.Is 6000 euros a good salary in Italy? ›
Is 6000 euros a good salary in Italy? 6000€/month is certainly a pretty good figure. You can live like a king, especialy if that amount is nett.What is the normal salary in Italy per month? ›
Data from Eurostat states that the average gross salary minus social contributions was around €30,000 in 2021. Italian salaries (€48,103) are lower than the Organization for Economic Cooperation and Development (OECD) average of $51,607 (2021).Which country gives best salary? ›
Among the top 10 countries that pay the highest salaries globally are Switzerland, Luxembourg, Singapore, USA, Iceland, Qatar, Denmark, UAE, Netherlands, and Australia. On the occasion of #LabourDay2023, the World of Statistics has released data on average monthly salaries around the world.What is the average salary in the US 2023? ›
As of Jun 9, 2023, the average annual pay for an American in the United States is $58,563 a year. Just in case you need a simple salary calculator, that works out to be approximately $28.16 an hour.Which country pays highest salary per month? ›
The worldwide highest income is earned in Monaco. The smallest budget per capita exists in Afghanistan. In our comparison over 69 countries, the USA comes 7th with an average income of 70,930 USD. The average income is calculated by gross national income and population.Which job is most demand in Italy? ›
- Manual workers.
- Marketing professionals.
|TAXABLE INCOME (per bracket) 2022||RATE (per bracket) 2022|
|up to EUR 15 000||23%|
|from EUR 15 001 to EUR 28 000||25%|
|from EUR 28 001 to EUR 50 000||35%|
|above EUR 50 001||43%|
American citizens who have a job offer in Italy, or wish to work in Italy, either temporarily or permanently, must be provided with a work permit obtained by the prospective employer, and must obtain a work visa from the Italian Consular authorities BEFORE coming to Italy.
A family of four estimated monthly costs are 3,077.5$ (2,852.3€) without rent. A single person estimated monthly costs are 882.6$ (818.0€) without rent. Cost of living in Italy is, on average, 18.7% lower than in United States. Rent in Italy is, on average, 58.2% lower than in United States.What is the cheapest city to live in Italy? ›
Abruzzo. Located to the east of Rome, Abruzzo is arguably the cheapest and the best region to live in Italy. It has great mountains, fantastic scenery, good food, lovely Italian people and plenty of expats.Is it better to rent or own in Italy? ›
Buying or renting depends on future plans
Another key point when choosing to rent or buy is your personal and professional plans. Are you planning to move? Does your job require you to change cities often? If the answer is yes, renting is the best option; buying a house, on the other hand, is a long-term commitment.
In general, wages in the United States tend to be higher than those in Europe, particularly for skilled and high-paying jobs. Part of the reason for this is that the cost of living in the U.S. is usually higher than in Europe. This means that workers need to make more money to keep their standard of living the same.How much money do you need to live comfortably in Europe? ›
The cost of living is among the biggest draws, and can be as low as $650 for those living on a budget, and scale up from there to $1,000 per month for a middle-class life, and $2,000 for a lot of luxury.Which European country has lowest cost of living? ›
Poland. Compared to its counterparts, Poland is considered one of the cheapest countries in Europe to live in. It is also one of the most economically developed countries in Eastern Europe. The quality of life in Poland is of comparable standards, plus it is low-cost.What are the 4 food rules in Italy? ›
- Pass food to your left.
- Don't eat with elbows on the table.
- Proper handling of utensils.
- Don't use a spoon to eat pasta.
- Tip between 10 to 15 percent for excellent service.
I saw plenty of Italian men on the Metro, at the market, going out to eat, all wearing shorts. You can wear shorts in Cathedrals, they just have to cover your knees. Below is a sign going into a cathedral. It is very clear you can wear shorts, they just have to cover the knees.Can you drink tap water in Italy? ›
The short answer is yes. Drinking water from the tap in Italy is considered safe. Tap water in the major cities and towns around Italy is safe for consumption, and there are thousands of old-style water fountains dotted around cities, like Rome, where you can fill up water bottles.How to ask for a raise in 2023? ›
- 1) Be Sure it's the Right Time to Ask for a Pay Raise.
- 2) Know Your Work and its Worth.
- 3) Use Your Emotional Intelligence.
- 4) Build Your Case.
- Go Get What You Deserve.
Of the 673 million jobs reflected in the dataset in this report, respondents expect structural job growth of 69 million jobs and a decline of 83 million jobs. This corresponds to a net decrease of 14 million jobs, or 2% of current employment.How much is a 3% raise? ›
Let's start with our example of an employee making $52,000. Using our formula, a 3 percent raise would look like this: $52,000 X . 03 = $1,560 raise over the course of the year.Is $70,000 a year considered middle class? ›
According to a Pew study released last fall, the median income of middle-class American households is $70,784, based on Census data from 2021, the latest available. (Pew defines middle class as two-thirds to twice the U.S. median household income, adjusted for household size.)Is 150k a year middle class? ›
Across the entire country, that range is between $47,189 and $141,568, based on Census Bureau income data. But $150,000 is still a middle-class income by Pew's definition in nearly half of the country's 50 most-populated metropolitan areas, where incomes tend to be high.Is $30000 a year considered middle class? ›
As of 2022, Pew identified a middle-income household as anywhere between $30,000 (for a single adult) to $67,000 (for a household of five).What are the 5 income classes? ›
One objective way some researchers divide individuals into economic classes is by looking at their incomes. From that data, they split earners into different classes: poor, lower-middle class, middle class, upper-middle class and wealthy.How much salary is upper-middle class? ›
Many have graduate degrees with educational attainment serving as the main distinguishing feature of this class. Household incomes commonly exceed $100,000, with some smaller one-income earners household having incomes in the high 5-figure range.Is 40k a middle class salary? ›
"To be middle class, a household of three would have an income between $40,000 and $154,000." A three-person middle-income household makes about $52,000 to $156,000 every year according to Pew's definition.What is the average salary after tax in Italy? ›
Financial Facts About Italy
The average monthly gross salary in Italy is around €2,453 (source Eurostat), or €29,440 per year. For this figure, our calculator projects a salary of €1,676 per month after taxes.
Countries that pay the highest salaries globally are Switzerland, Luxembourg, Singapore, USA.
Earning more than $100,000 per year would put you well ahead of the median American household, which brings in $74,784 as of 2021. Assuming you're an individual without dependents, that salary would qualify you as upper class, according to three different definitions (Brookings, Urban Institute and Pew Research).What is the top 1% salary in Europe? ›
To reach the top 1 percent of earners, you would need a monthly take-home salary of 7.190 euros. This is equivalent to an annual net income of almost 86.000 euros, after taxes, or an annual gross salary of around 150.000 euros.What is the average salary in Italy in US dollars? ›
Italy Monthly Earnings stood at 3,411 USD in Dec 2022, compared with the previous figure of 3,309 USD in Sep 2022 See the table below for more data.What is the 7% tax in Italy? ›
Under the new preferential tax regime, an individual would be exempt from income taxes at the normal scale on all foreign income and only pay 7%. This includes pension income, capital gains and dividends, overseas business income, rental income and Social Security.What is 7% income tax in Italy? ›
273 – 275) to those who benefit from a pension treatment abroad (pensions or comparable allowances). These people, if they wish, will be able to access a preferential regime that allows them to subject their income to a 7% substitute tax.