Tax rates in 2018

ByHomer

Tax rates 2018:

  • Withheld tax 20% (TMS § 4 lg 1).
  • Amount of non-taxable income 0…6000 / 12 = 0…500 EUR per month (TMS § 23 lg 1 ja lg 2).
  • Rate for Social Security tax 33% (SMS § 7 lg 1).
  • Minimal amount of social payment per month 470 x 0.33= 155.1 EUR (2018 RES § 2 lg 8, SMS § 2 lg 2, SMS § 21 )
  • Rate for unemployment taxes
  • employee 1.6% (VV määrus nr. 151. § 2).
  • employer 0.8% (VV määrus nr. 151. § 3).
  • Pension payments 2% and 0%. Check the % in here (KPS § 9).
  • Minimum salary (VV määrus nr. 189. § 1):monthly 500 EUR
  • hourly 2.97 EUR