Table 2: Tax credits for wage tax/national insurance contributions for employees up to the state pension age 2019
Amount |
Percentage |
Remarks |
|
---|---|---|---|
General tax credit |
€ 2,477 |
For taxable wage up to € 20,384 |
|
Phase out of the general tax credit |
5.147% |
For taxable wage of € 20,384 or more, but no more than € 68,507 |
|
maximum |
€ 2,477 |
For taxable wage of more than € 68,507 |
|
Employed |
1.754% |
In as far as income from present employment is € 9,694 or lower |
|
maximum |
€ 3.399 |
28.712% |
In as far as income from present employment is more than € 9,694 |
Phase-out of |
6.000% of the income above € 34,060 |
The phase-out is € 3,399 when the income is more than € 90,710 |
|
Tax credit for persons handicapped from early childhood |
€ 737 |
||
Career-break leave credit |
€ 215 |
For each calendar year saved until 2011, solely for the transitional group |