UK is Europe’s eighth-lowest tax country for workers |
Analysis by Income Tax UK suggests that the UK is the eighth-lowest taxing country in Europe, with British people taking home £2,058 from a £2,580 wage. The study looked at how much income people in the UK and the EU would receive after tax, based on a monthly salary of €3,000, or £2,580. Bulgaria came out on top, with the lowest-taxed workers in Europe thanks to a 10% tax rate. Poland came in second, allowing taxpayers to keep 86.3% of an average £2,580 monthly wage. Ireland ranked third, while Norway, Luxembourg, Ukraine, Netherlands, Greece and France made up the remainder of the top ten low tax havens for workers. At the opposite end of the rankings, Lithuania has the highest taxes on workers, with rates in Romania found to be similarly high. A spokesperson for Income Tax UK said: “It’s very interesting to see the tax differences across Europe for an average monthly salary,” adding “As we shift to a more remote working culture, those with the ability to work from anywhere also have the opportunity to maximise their income.” |
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