Calculate salary and taxes 2024

Employer cost	-
Social tax	-
Employer unemployment insurance	-

Gross salary	-
Funded pension	-
Employee unemployment insurance	-
Income tax Used tax-free income minimum-	-

Net salary

The rate of income tax withholding is 20% TMS § 4 lg 1
Tax-free income varies 0…7848 / 12 = 0…654 EUR/month TMS § 23 lg 1 ja lg 2
Social tax is 33% SMS § 7 lg 1
The minimum obligation of social tax for an Employment Contract is 725 EUR x 0.33% = 239.25 EUR/month 2023 RES § 2 lg 7, SMS § 2 lg 2, SMS § 21
The rates of unemployment insurance contributions are:
- for employee 1.6% VV määrus 15.09.2022 nr 88
- for employer 0.8% VV määrus 15.09.2022 nr 88
The funded pension contribution rate is 2% for subscribers and 0% for non-subscribers. You can check your funded pension membership here KPS § 9
The minimum wage (minimum salary) is:
- monthly 820 EUR VV määrus 09.12.2022 nr 124
- hourly 4.86 EUR VV määrus 09.12.2022 nr 124