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Social Security Scheme and Taxation

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Presentation on theme: "Social Security Scheme and Taxation"— Presentation transcript:

1 Social Security Scheme and Taxation
Social Security System: Health Insurance % Unemployment Insurance % Pension % Long-Term Care Insurance % Work Accident Insurance paid by employer Taxation Income Tax  14 % - 45 % (Depending on income and marital status) Church Tax  8 % - 9 % of Income Tax Solidarity Tax  5.5 % of Income Tax Automatically deducted from the salary Registration to the social insurance system is made by the employer Animation appears Living and working in Germany

2 Sample Salary Statement
Month Year Salary 3,000 € 36,000 € Social Security Contributions Pension € 3, € Unemployment Insurance 45.00 € € Health Insurance € 2, € Long-term Care Insurance 42.75 € € Total Social Contributions 587,25 € 7.047,00 € Taxation Solidarity Tax 24.74 € € Church Tax 40.84 € € Income Tax € 5.397,96 € Total Taxation € 6, € Salary after deductions 1, € 22, € Animation appears Living and working in Germany

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