Dive into the financial changes of Germany in 2024! From tax-free thresholds 🤑 to social security shifts 💸, explore the changes shaping your economic journey.
German social security payments in 2023 will increase in two different ways: everyone will have to pay a higher percentage of their salary for social security, and high-earners will have to give away a higher nominal amount. Find out how much you will have to pay with your salary for German social security in 2023.
When working in Germany, you will pay social security and taxes directly from your German payslip. How much net income is left from your gross salary? Find it out here.
Many people believe that health insurance in Germany is free. In reality, it’s not. 😱 Employees pay about 20% of their gross salary into the German social security system.