4 ms·
First of you have 21% VAT. You have to put this on your customers’s invoices and then transfer the tax directly to the tax office. From whats left, we have an i
by systemtest 8y ago
First of you have 21% VAT. You have to put this on your customers’s invoices and then transfer the tax directly to the tax office. From whats left, we have an income tax bracket system. From 67k you pay 52%. So in this case the total tax rate is roughly 40% because a big portion of your income is in the 52% bracket.
It’s a lot but life is good here. Wouldn’t trade it for anything else.
- vram22 8y agoThanks for the info.