7
nitwhiz
2y

Yo salary works in fucking wildly mysterious ways in Germany.

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  • 0
  • 0
    What?
  • 1
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    @sbiewald Yes.
    @jonas-w My thoughts, too.
    @PonySlaystation it depends on so many things and the gross - net gap scales weird imo.
  • 1
    Try adding the other income from the ransomware to the tax declaration, then it gets really weird. :)
  • 3
    @nitwhiz It is weird and complex, but not mysterious.

    0. You calculate your social insurance costs (x% of your gross salary up to y, x and y depend on the type of the insurance [health, pension, care, unemployment] and you state).

    1. Add gross income and losses for each class of income (salary, business, freelancing, agrarian, ...).
    2. Deduct insurances and other things not specific to an income class.

    3. The income tax is then calculated on the remaining money ("taxable income"). For the completely non-complicated tax calculation "just" use this absolutely simple formula from Wikipedia: https://wikimedia.org/api/rest_v1/...

    When not stating your taxes, the assumed "losses" for all salaries together are assumed to be 1000€/year and only your social insurances are deducted.
    Incomes from the financial market >~800€ are simply taxed 25%.

    @Fast-Nop Did I forget something important?
  • 1
    @sbiewald Yeah, that's how it works.

    The weird part is that the employer also pays "his" share to the social and health insurance, which is basically parts of your gross income that is hidden from you.
  • 0
    @sbiewald you got a point, mysterious is the wrong word, but i stand by "wild" for "weird and complex" :D
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