Comment by dgroshev
1 month ago
Apologies, brain glitch: it's half, not third. Also, I'm talking about the effective tax rate, not the marginal tax rate. Here are the numbers:
Median salary of a full time employee in the UK in 2023 (to match the German source): £34,963 [1]
Take home on that salary (after income tax and NI): £28,692 [2]
Effective tax rate on a median salary in the UK: ~18%
Median salary of a full time employee in Germany: €4,479 pm [3] or €53,748 per year
Take home: €34,281 [4]
Effective tax rate on a median salary in Germany: ~36%
Tax _rates_ are not that different, but the previous British governments really ramped up the tax-free allowance, which significantly reduces the effective tax rate.
[1]: https://www.ons.gov.uk/employmentandlabourmarket/peopleinwor...
[2]: https://www.thesalarycalculator.co.uk/salary.php
[3]: https://www.destatis.de/EN/Themes/Labour/Earnings/Earnings-E...
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