What is the effective tax rate that you pay on that Captains salary for someone based in Spain for examples. The figures quoted are €10,500 gross. SO back of a fag packet maths says thats €10.5K X 12 = €126K a year. What is the overall rate of tax on that sum? 20% 30% 40% ?
What is the average take home per month, net? about €6K?