Individual income tax in Germany Zhuraeva G. Fin 231

not as social transfers . This medical insurance , contributions

to unemployment insurance, from helplessness , as well as the pension fund. Together, they take about 20 % of the salary.

of government revenue. The object of taxation on it is

the personal income received by them from various sources. In contrast to the Kazakhstan income tax is progressive in Germany . Its minimum rate - 19% , maximum - 53%. The maximum tax rate applicable to the citizens whose income exceeds 120 thousand marks . At the present time the non-taxable minimum income tax for the year 5616 amounts to Euro for single and 11232 Euro for couples. For incomes that do not exceed 8153 Euro for single and 16307 Euros for the spouses , there is a proportional tax at the rate of 22.9 %.

Income tax (Einkommensteuer)

revenues in the 120041 Euros for single and 240083 euros

for those who are married . Revenues that exceed this level are taxed at a maximum rate of 51 %. There are tax benefits for children , age benefits , benefits in extraordinary circumstances (illness, accident) . For example, individuals who have reached the age of 64, the non-taxable minimum is increased to Euro 3700 . Individuals who have a plot of land , income tax will be charged with Euro 4750 .

Income tax for individuals

prosperous European country where higher education is free, even for

international students, while the German pay taxes, and sleep well.

Thank you for attention.