Azur Air Germany
Joined: May 2004
Posts: 662
Likes: 3
From: Somewhere in time
The figures are the basic ones with more or less no experience and you are mistaking the nominated capital of the company with the budget (or what ever the exact english word would be for that).
If they would only have 300.000€ than they would be bankrupt by now.
If they would only have 300.000€ than they would be bankrupt by now.
Joined: May 2006
Posts: 911
Likes: 9
From: FL510
The good news is that with a low salary like that you're not going to hit the 45% tax rate. More like 32%, even less when married.
If parts of the salary are paid tax-free (possible) the tax load will be even less.
If parts of the salary are paid tax-free (possible) the tax load will be even less.
Joined: Apr 2016
Posts: 80
Likes: 0
From: Frankfurt
Oh you guys stop confusing everyone.
Tax in Germany is progressive! That means there is different tax brackets. Example: If you earn 100.000€ brutto a year, your effective tax is about 33%.
And 1,8% solidarity surcharge, that is for rebuilding eastern Germany after the communists. Then there is social security.
The 45% that float around are put together of 42% tax, a little bit solidarity surcharge AND social security (which covers unemployment) . But these 45% only apply to the Euros earned above approximately 65000/year.
I dont know why its constantly repeated here, how high tax in Germany would be. Income tax rates is much higher in many other EU-states..The highest bracket being often more than 50%. And VAT in Ger is below avg 19% too.
So what does the CPT salary which was stated above of 8000 brutto a month give net? Being insured in the public healthcare system (you can use a private insurance if you like to) it is 4300€. little? Yes. Every short haul FO that I know makes more.
Simple Tax calculator: https://www.bmf-steuerrechner.de/ekst/?
Tax in Germany is progressive! That means there is different tax brackets. Example: If you earn 100.000€ brutto a year, your effective tax is about 33%.
And 1,8% solidarity surcharge, that is for rebuilding eastern Germany after the communists. Then there is social security.
The 45% that float around are put together of 42% tax, a little bit solidarity surcharge AND social security (which covers unemployment) . But these 45% only apply to the Euros earned above approximately 65000/year.
I dont know why its constantly repeated here, how high tax in Germany would be. Income tax rates is much higher in many other EU-states..The highest bracket being often more than 50%. And VAT in Ger is below avg 19% too.
So what does the CPT salary which was stated above of 8000 brutto a month give net? Being insured in the public healthcare system (you can use a private insurance if you like to) it is 4300€. little? Yes. Every short haul FO that I know makes more.
Simple Tax calculator: https://www.bmf-steuerrechner.de/ekst/?
Last edited by EDDT; 8th January 2017 at 20:43. Reason: misunderstanding
Joined: May 2004
Posts: 662
Likes: 3
From: Somewhere in time
Every short haul FO that I know makes more.
If you are a wide body CPT you will make about 8500-9000€ flying 60h per month. Depending on your experience it will be more, about 10.000€ flying 90h plus per diems. NLH Cpt makes about 10500€ including per diems, so not great, but not that bad.
42% taxation applies to the income above 54.000€ up to 260.000€
The german tax system isn't that easy, but I guess that most of the people they are hiring are german, so they know about it.
Joined: May 2004
Posts: 662
Likes: 3
From: Somewhere in time