Income tax calculator
Income tax and refund under the 2026 rules
Enter your annual gross income and deductions to see the income tax for the year and how much you can get back through the tax return.
- Income tax rate 22%
- €700 monthly basic exemption for everyone; the tax hump is gone
- Training and donations up to €1,200, III pillar up to €6,000
- 22%
- income tax
- €700
- monthly exemption
Income tax calculator
For example, 12 months of gross salary.
II pillar contribution
Up to €1,200 a year in total can be deducted.
Up to 15% of taxable income, but no more than €6,000 a year.
- Income tax refund
- 330.00 €
- Unemployment insurance and II pillar
- 864.00 €
- Basic exemption per year
- 8,400.00 €
- Income tax per year without deductions
- 3,241.92 €
- Deductions in total
- 1,500.00 €
- Income tax per year after deductions
- 2,911.92 €
The calculation assumes the employer applied the basic exemption every month. Rate 22%, exemption €700 a month or €8,400 a year, €776 or €9,312 at retirement age.
NB! The calculations are for information purposes only.
How income tax is calculated in 2026
Unemployment insurance of 1.6 percent and the mandatory funded pension (II pillar) contribution are deducted from gross income first. Then the basic exemption is deducted and income tax of 22 percent is charged on the rest.
In 2026 the basic exemption is the same for everyone: €700 a month or €8,400 a year, and €776 a month or €9,312 a year at retirement age. The tax hump is gone: the exemption no longer depends on income.
In the tax return you can deduct training costs and donations of up to €1,200 in total, and III pillar contributions of up to 15 percent of taxable income but no more than €6,000 a year. These deductions are usually where the tax refund comes from.
Frequently asked questions
The rate is 22 percent. It is charged on income after unemployment insurance, the II pillar contribution and the basic exemption.
€700 a month or €8,400 a year for everyone; €776 a month or €9,312 a year at retirement age.
Training costs and donations up to €1,200 a year in total, and III pillar contributions up to 15 percent of taxable income but no more than €6,000.
If the employer applied the basic exemption every month, the refund comes mainly from deductions in the tax return: you get back 22 percent of the amount deducted.
The calculator gives an estimate. The Tax and Customs Board calculates the exact amount from your tax return.