The individual income tax ranges from 20% to 30%. Income tax is calculated according to progressive rates. In addition, there may be local municipality taxes.
Gross Annual Income (EUR) | Tax Rate (%) |
---|---|
Up to 47,780.21 | 20% |
Over 47,780.21 | 30% |
The employer cost is generally estimated at 16.5% of the employee salary.
Conditional Costs:
Expenses Tax Gross-up: Variable depending on the employee’s salary. This is an additional amount of money added to cover the income taxes the employee will owe on the payment of reimbursed expenses.