Total tax paid
€ 94,145
Did you know your employer also pays tax on your salary? It costs the employer € 4,290 to pay you € 165,000. In other words, every time you spend € 10 of your hard-earned money, € 5.71 goes to the government.
Real tax rate
55.6%
So, with you and the employer both paying tax, what used to be a 54.5% tax rate now rises to 55.6%, meaning your real tax rate is actually 1.1% higher than what it seemed at first.