Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
20,020,000 MAD
Income Tax
- 7,410,043 MAD
CNSS
- 3,226 MAD
AMO
- 452,452 MAD
Total tax
- 7,865,720 MAD
Net pay
* 12,154,280 MAD
Marginal tax rate
39.4%
Average tax rate
39.3%
60.7%
Net pay
39.3%
Total tax
Total tax
Net pay
Summary
If you make 20,020,000 MAD a year living in Morocco, you will be taxed 7,865,720 MAD. That means that your net pay will be 12,154,280 MAD per year, or 1,012,857 MAD per month. Your average tax rate is 39.3% and your marginal tax rate is 39.4%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of 100 MAD in your salary will be taxed 39.40 MAD, hence, your net pay will only increase by 60.60 MAD.
Bonus Example
A 1,000 MAD bonus will generate an extra 606 MAD of net incomes. A 5,000 MAD bonus will generate an extra 3,030 MAD of net incomes.
NOTE* Withholding is calculated based on the tables of Morocco, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.