Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
62,920 MAD
Income Tax
- 3,793 MAD
CNSS
- 2,819 MAD
AMO
- 1,422 MAD
Total tax
- 8,034 MAD
Net pay
* 54,886 MAD
Marginal tax rate
31.6%
Average tax rate
12.8%
87.2%
Net pay
12.8%
Total tax
Total tax
Net pay
Summary
If you make 62,920 MAD a year living in Morocco, you will be taxed 8,034 MAD. That means that your net pay will be 54,886 MAD per year, or 4,574 MAD per month. Your average tax rate is 12.8% 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.