Tax Rates By Income Level 2024. Denmark (55.9 percent), france (55.4 percent), and austria (55 percent) have the highest top personal income tax rates in europe in 2024. In 2024 and 2025, there are seven federal income tax rates and brackets:
Your taxable income is your income after various deductions, credits, and exemptions have been applied. Use the income tax estimator to work out your tax refund or debt estimate.