In Italy, if your gross annual salary is €29,440, or €2,453 per month, the total amount of taxes and contributions that will be deducted from your salary is €9,324.
This means that your net income, or salary after tax, will be €20,116 per year, €1,676 per month, or €387 per week.
Simply enter your annual or monthly income into the salary calculator above to find out how taxes in Italy affect your income. You'll then get a breakdown of your total tax liability and take-home pay. The deductions used in the calculator assume you are not married and have no dependents. You may pay less if tax credits or other deductions apply.
For a gross annual income of €29,440, our tax calculator projects a tax liability of €777 per month, approximately 32% of your paycheck. The table below breaks down the taxes and contributions levied on these employment earnings in Italy.
| Yearly | Monthly | Weekly | |
|---|---|---|---|
| Gross Income | 29,440 | 2,453 | 566 |
| Income Tax | 6,618 | 552 | 127 |
| Social Security Contributions | 2,706 | 225 | 52 |
| Total Tax Due | 9,324 | 777 | 179 |
| Take-Home Pay | 20,116 | 1,676 | 387 |
The average monthly gross salary in Italy is around €2,453 (source Eurostat), or €29,440 per year. For this figure, our calculator projects a salary of €1,676 per month after taxes. The Lombardy region boasts the highest average salary in the country, followed by South Tyrol (Bolzano), while the lowest wages are paid in the Calabria region of southern Italy.
Italy does not have a government-regulated minimum wage, as opposed to most other European countries. A minimum wage of €9 per hour has been proposed and rejected multiple times. This would have translated to an annual gross salary of €18,720 (€1,560 per month), if we consider the standard 40-hour work week. For a single individual with no dependents, this figure would have amounted to a monthly take-home pay of €1,084, as estimated by our salary calculator.
Although there is no national minimum wage, most workers in Italy are covered by collective labor agreements. These agreements ensure that fair wages are paid depending on the industry, with rates as low as €6.52 per hour in the cleaning services sector, to €7.48 per hour in the tourism sector.
Italy is the 9th largest economy and the 8th largest exporter in the world. The country's economy is divided into the highly-industrialized northern part, where 75% of the nation's wealth is produced, and the less-developed, more agriculture-depended southern part.
According to the Human Development Index, Italy has the world's 8th highest quality of life. The country is also known for its rich art, cuisine, history, fashion, and its beautiful surroundings. It is the fifth most visited country in international tourism arrivals, and it has more than 5 million foreign nationals, or about 8.2% of the country's population.
- Income Tax
- is a progressive income tax that ranges from 23% to 43%, which means the higher the income bracket, the higher the tax rate. The employer withholds the employee's income tax and transfers the payment to the tax authorities on a monthly basis. For simplicity, our salary calculator does not include the Regional Tax, which varies from 0.7% to 3.33%, nor the Municipal tax, which ranges from 0% to 0.9%.
- Social Security Contributions
- is a tax applied on the gross income, representing 9.19% of the employee's wage. The employee's contributions are deducted every month at source from the gross salary by the employer.
The information presented here is based on the fiscal regulations in Italy in 2022. Visit agenziaentrate.gov.it for more details.
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