Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
348,000 MAD
Income Tax
- 103,626 MAD
CNSS
- 3,226 MAD
AMO
- 7,865 MAD
Total tax
- 114,716 MAD
Net pay
* 233,284 MAD
Marginal tax rate
39.4%
Average tax rate
33.0%
67.0%
Net pay
33.0%
Total tax
Total tax
Net pay
Summary
If you make 348,000 MAD a year living in Morocco, you will be taxed 114,716 MAD. That means that your net pay will be 233,284 MAD per year, or 19,440 MAD per month. Your average tax rate is 33.0% 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.