Disposable income after taxes

Go Back   Expat Forum For People Moving Overseas And Living Abroad > Europe > Germany Expat Forum for Expats Living in Germany

Germany Expat Forum for Expats Living in Germany Have you made Germany your new home? Are you thinking about making Germany your new country of residence? If you want meet like minded Expats living in Germany then you have come to the right place.

Disposable income after taxes


Reply
 
Subscribe to this Thread Thread Tools
  #1 (permalink)  
Old 1st November 2014, 11:23 AM
Member
 
Join Date: Jun 2013
Location: India
Posts: 80
Rep Power: 0
kapilok is on a distinguished road
1 likes received
1 likes given

Users Flag! Originally from india. Users Flag! Expat in australia.
Default Disposable income after taxes

Hi Experts,

Assuming I am a migrant from India and make an annual salary of 70k and live an average lifestyle in a city like Munich, what would be my disposable income (in hand) after taxes?

Thanks for your help.

Kapil

Reply With Quote Quick reply to this message
  #2 (permalink)  
Old 17th November 2014, 11:01 AM
Member
 
Join Date: Jun 2013
Location: World
Posts: 1,021
Rep Power: 186
beppi has much to be proud ofbeppi has much to be proud ofbeppi has much to be proud ofbeppi has much to be proud ofbeppi has much to be proud ofbeppi has much to be proud ofbeppi has much to be proud ofbeppi has much to be proud of
195 likes received
53 likes given

Users Flag! Originally from germany. Users Flag! Expat in germany.
Default

The German income tax system is VERY complicated and a lot depends on your personal circumstances. You'll need a tax consultant to understand it, and in fact also to file your yearly tax declaration.
There are several online tax calculators, such as Brutto Netto Rechner 2014 2013 Gehaltsrechner 2014 2013 Lohnrechner 2014 2013 Gehalt
If I assume you earn €70k/year before tax, are single, no kids, 30 years old, member of the public health insurance, not member of an official religion and live in Bavaria, you get €39480 paid into your account in 2014.
If you are married and have two kids (all else same as above), you'll get over €46k.

Reply With Quote Quick reply to this message
Reply


Quick Reply
Message:
Options

Register Now

In order to be able to post messages on the Expat Forum For People Moving Overseas And Living Abroad forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:
Location
Where you live
Expat From Country
Please select the country you originate from. This will appear as a flag when you make posts on the site.
Expat To Country
Please select the country you have either moved to or want to relocate to. This will be presented on the site when you make posts.

Log-in


Thread Tools

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
US Taxes: using NRA for income above foreign income exemption jtt23 Expat Tax 16 31st January 2014 07:16 AM
Internet jobs and income deposit to US account. Considered income in Thailand? Taxes? ZTraveler Thailand Expat Forum for Expats Living in Thailand 7 15th August 2011 12:37 AM
Income Taxes TerriBradley Italy Expat Forum for Expats Living in Italy 2 9th August 2011 11:16 PM
Disposable income Kip Australia Expat Forum for Expats Living in Australia 9 24th August 2010 11:32 AM
Income taxes Bulgakov Thailand Expat Forum for Expats Living in Thailand 4 27th July 2009 03:37 PM

FORUM PARTNERS

ExpatForum.com is owned and operated by VerticalScope Inc.

Retiring Overseas Guides | Moving Overseas Guides | Cost of Living | Health Care Guides


All times are GMT. The time now is 11:51 PM.


Powered by vBulletin®
Copyright ©2000 - 2020, vBulletin Solutions, Inc.
Search Engine Friendly URLs by vBSEO
vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2020 DragonByte Technologies Ltd.