Personal income tax and social security systems differ significantly across Europe, and so does the overall burden on workers’ pay. What matters most to workers, however, is how much of their salary they actually take home after taxes and compulsory deductions.
To show this, Euronews Business used Eurostat data to calculate net annual earnings as a share of gross pay, producing a take-home ratio. From this, it calculated the share of gross earnings going to taxes and other deductions.
