Luxembourg vs Serbia: tax rates and take-home pay (2026)
On €88,000 (about RSD 10,317,642) you take home €58,222 in Luxembourg and RSD 7,435,702 in Serbia (about €63,420) — Serbia leaves you 9% more.
You keep more in Luxembourg up to about €70,000, and more in Serbia above that.
Take-home pay at eight salary levels
| Salary (USD) | Luxembourg | Serbia | Difference |
|---|---|---|---|
| $25K | €19,266 | RSD 1,849,231 | Luxembourg +22% |
| $40K | €29,344 | RSD 2,917,694 | Luxembourg +18% |
| $60K | €40,651 | RSD 4,397,104 | Luxembourg +8% |
| $80K | €49,296 | RSD 5,776,562 | About the same |
| $100K | €58,222 | RSD 7,435,702 | Serbia +9% |
| $150K | €79,526 | RSD 11,424,408 | Serbia +23% |
| $200K | €105,435 | RSD 16,160,747 | Serbia +31% |
| $300K | €149,249 | RSD 23,336,199 | Serbia +33% |
Cost of living
Compare the cost of living in Luxembourg and BelgradeMore comparisons
More for Luxembourg
More for Serbia
Frequently asked questions
Is tax higher in Luxembourg or Serbia?
At €88,000, Serbia takes less of your pay: you keep 72% there, against 66% in Luxembourg.
What is the top tax rate in Luxembourg and Serbia?
The top income tax rate is 45.8% in Luxembourg and 23.5% in Serbia.
How much do I take home on €88,000 in each?
On €88,000 (about RSD 10,317,642) you take home €58,222 in Luxembourg and RSD 7,435,702 in Serbia (about €63,420).
2026 rules checked against impotsdirects.public.lu. Single person, employee, no other income. Not tax advice. Change the details