German Payslip Explained
Erez Greenberg| Jun 18, 2019
Countries handle and distribute payslips differently all over the world.
By providing a visual breakdown of a German payslip we aim to help you better understand the taxes, deductions, and contributions that go with payroll.
In Germany, did you know?
- They have Europe’s strongest economy and the world’s fourth strongest.
- The solidarity tax (5.5%) was introduced in 1991 to help rebuild Eastern Germany and provide capital to the newly integrated administration. There have been talks to reduce or remove this tax.
- 24 annual vacation days are mandatory but most business provide 30!
Do you have any questions regarding specific country’s payslip? If so, let us know.