Table 2: Tax credits for wage tax/national insurance contributions for employees up to the state pension age 2018
Amount |
Percentage |
Remarks |
|
---|---|---|---|
General tax credit |
€ 2,265 |
For taxable wage up to € 20,142 |
|
Phase out of the general tax credit |
4.683% |
For taxable wage of € 20,142 or more, but no more than € 68,507 |
|
maximum |
€ 2,265 |
For taxable wage of more than € 68,507 |
|
Employed person's tax credit |
1.764% |
In as far as income from present employment is € 9,468 or lower |
|
maximum |
€ 3.249 |
28.064% |
In as far as income from present employment is more than € 9,468 |
Phase-out of employed person's tax credit |
3.6% of the income above € 33,112 |
The phase-out is € 3,249 when the income is more than € 123,362 |
|
Tax credit for persons handicapped from early childhood |
€ 728 |
||
Career-break leave credit |
€ 212 |
For each calendar year saved until 2011, solely for the transitional group |