Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
37,500 грн
Income Tax
- 6,750 грн
Military tax
- 563 грн
Total tax
- 7,313 грн
Net pay
* 30,188 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
30,188 грн
Net pay
8,250 грн
Tax the employer pays
7,313 грн
Tax you pay
Total tax paid
15,563 грн
Did you know your employer also pays tax on your salary? It costs the employer 8,250 грн to pay you 37,500 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 37,500 грн a year living in Ukraine, you will be taxed 7,313 грн. That means that your net pay will be 30,188 грн per year, or 2,516 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.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
Canada
UAH 36105
3.7%
1
USA
UAH 34252
8.7%
2
Latin America
Country 
Net pay
Average tax
Rank
Mexico
UAH 36609
2.4%
1
Brazil
UAH 34688
7.5%
2
Puerto Rico
UAH 34519
8.0%
3
Colombia
UAH 34500
8.0%
4
Ecuador
UAH 33956
9.5%
5
Guatemala
UAH 33904
9.6%
6
Costa Rica
UAH 33562
10.5%
7
Panama
UAH 33375
11.0%
8
Peru
UAH 32812
12.5%
9
Argentina
UAH 31125
17.0%
10
Chile
UAH 30900
17.6%
11
Uruguay
UAH 30713
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.