Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
62,666 MAD
Income Tax
- 3,730 MAD
CNSS
- 2,807 MAD
AMO
- 1,416 MAD
Total tax
- 7,954 MAD
Net pay
* 54,712 MAD
Marginal tax rate
31.6%
Average tax rate
12.7%
87.3%
Net pay
12.7%
Total tax
Total tax
Net pay
The Taxberg
54,712 MAD
Net pay
13,216 MAD
Tax the employer pays
7,954 MAD
Tax you pay
Total tax paid
21,170 MAD
Did you know your employer also pays tax on your salary? It costs the employer 13,216 MAD to pay you 62,666 MAD. In other words, every time you spend 10 MAD of your hard-earned money, 3.38 MAD goes to the government.
Real tax rate
27.9%
So, with you and the employer both paying tax, what used to be a 12.7% tax rate now rises to 27.9%, meaning your real tax rate is actually 15.2% higher than what it seemed at first.
Summary
If you make 62,666 MAD a year living in Morocco, you will be taxed 7,954 MAD. That means that your net pay will be 54,712 MAD per year, or 4,559 MAD per month. Your average tax rate is 12.7% and your marginal tax rate is 31.6%. 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 31.61 MAD, hence, your net pay will only increase by 68.39 MAD.
Bonus Example
A 1,000 MAD bonus will generate an extra 684 MAD of net incomes. A 5,000 MAD bonus will generate an extra 3,420 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.