Table 2a/2b: tax credits for wage tax/national insurance contributions up to the state pension age 2023
All amounts in this table are on an annual basis.
| Tax credit | Younger than state pension age | Particulars | |
|---|---|---|---|
| Amount | Percentage | ||
| General tax credit | € 3,070 | For taxable wages up to € 22,660 | |
| Phasing out of general tax credit Maximum |
6.095 % | For taxable wages of more than € 22,660, but less than € 73,031 | |
| € 3.070 | Reached at € 73,031 | ||
| Employed person’s tax credit 1st accrual rate Maximum |
8.231 % | For wages from current employment up to € 10.740 | |
| € 884 | |||
| Employed person’s tax credit 2nd accrual rate Maximum |
29.861 % | For wages from current employment of € 10,740 to € 23,201 | |
| € 3.721 | |||
| Employed person’s tax credit 3rd accrual rate Maximum |
3.085 % | For wages from current employment from € 23,201 | |
| € 447 | Reached at € 37,691 | ||
| Total employed person’s tax credit 1st, 2nd and 3rd accrual rate maximum |
€ 5,052 | ||
| Phasing out of employed person’s tax credit Maximum phasing out |
6.510 % | For wages from current employment of € 37,691 | |
| € 5,052 | Reached at € 115,295 | ||
| Young disabled person’s tax credit | € 820 | ||
