Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
20,481 грн
Income Tax
- 3,687 грн
Military tax
- 307 грн
Total tax
- 3,994 грн
Net pay
* 16,487 грн
Marginal tax rate
19.5%
Average tax rate
19.5%
80.5%
Net pay
19.5%
Total tax
Total tax
Net pay
The Taxberg
16,487 грн
Net pay
4,506 грн
Tax the employer pays
3,994 грн
Tax you pay
Total tax paid
8,500 грн
Did you know your employer also pays tax on your salary? It costs the employer 4,506 грн to pay you 20,481 грн. In other words, every time you spend 10 грн of your hard-earned money, 4.15 грн goes to the government.
Real tax rate
34.0%
So, with you and the employer both paying tax, what used to be a 19.5% tax rate now rises to 34.0%, meaning your real tax rate is actually 14.5% higher than what it seemed at first.
Summary
If you make 20,481 грн a year living in Ukraine, you will be taxed 3,994 грн. That means that your net pay will be 16,487 грн per year, or 1,374 грн per month. Your average tax rate is 19.5% and your marginal tax rate is 19.5%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of 100 грн in your salary will be taxed 19.50 грн, hence, your net pay will only increase by 80.50 грн.
Bonus Example
A 1,000 грн bonus will generate an extra 805 грн of net incomes. A 5,000 грн bonus will generate an extra 4,025 грн of net incomes.
North America
Country 
Net pay
Average tax
Rank
Canada
UAH 20157
1.6%
1
USA
UAH 18707
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
UAH 20481
0.0%
1
Singapore
UAH 20481
0.0%
2
Hong Kong
UAH 20481
0.0%
3
Pakistan
UAH 20035
2.2%
4
Thailand
UAH 19457
5.0%
5
Indonesia
UAH 18679
8.8%
6
Taiwan
UAH 18668
8.9%
7
South Korea
UAH 18292
10.7%
8
Philippines
UAH 18147
11.4%
9
New Zealand
UAH 18046
11.9%
10
India
UAH 18023
12.0%
11
Malaysia
UAH 17935
12.4%
12
China
UAH 17781
13.2%
13
Vietnam
UAH 17414
15.0%
14
Japan
UAH 16643
18.7%
15
Kazakhstan
UAH 16221
20.8%
16
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Latin America
Country 
Net pay
Average tax
Rank
Mexico
UAH 19995
2.4%
1
Brazil
UAH 18945
7.5%
2
Puerto Rico
UAH 18853
8.0%
3
Colombia
UAH 18843
8.0%
4
Ecuador
UAH 18546
9.5%
5
Guatemala
UAH 18517
9.6%
6
Costa Rica
UAH 18330
10.5%
7
Panama
UAH 18228
11.0%
8
Peru
UAH 17921
12.5%
9
Argentina
UAH 16999
17.0%
10
Chile
UAH 16876
17.6%
11
Uruguay
UAH 16774
18.1%
12
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NOTE* Withholding is calculated based on the tables of Ukraine, 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.