Most government employeesreceiving advance wages for the next month in the second half of the month, on Tuesday (23/12) we saw increased net income in their bank accounts.
This is due to the fact that regular payment of salaries was enrolled on Tuesday evening, and not on December 27, as usual, due to the Christmas holidays.
This enrollment occurred on the condition that departmental financial services completed the procedure for updating salary data in a timely manner.
The growth in net income is due to application of reduced income tax ratesprovided for by the new tax bill Ministry of National Economy and Financewhich was announced earlier at the Thessaloniki International Fair.
According to the ministry, the following are typical: examples:
- Civil servant 25 years old, no children, annual income 15,000 euros (1,143 euros per month net) – annual benefit 1.283 euros or 107 euros per month.
- Civil servant 30 years old, no children, annual income 15,000 euros – 650 euros per year or 54 euros per month.
- Civil servant 35 years old, one child, annual income 20,000 euros (1,470 euros per month) – 400 euros per year or 33 euros per month.
- Civil servant 40 years old, two children, income 20,000 euros (1,488 euros per month) – 600 euros per year or 50 euros per month.
- Civil servant 45 years old, two children, income 25,000 euros (1,780 euros per month) – 900 euros per year or 75 euros per month.
- Civil servant 45 years old, three children, income 20,000 euros (1,507 euros per month) – 1.300 euros per year or 108 euros per month.
- Civil servant 45 years old, three children, income 25,000 euros (1,798 euros per month) – 1,700 euros per year or 142 euros per month.
- Civil servant 48 years old, four children, income 20,000 euros (1,527 euros per month) – 1.680 euros per year or 140 euros per month.
- Civil servant, 48 years old, four children, income 25,000 euros (1,818 euros per month) – 3,180 euros per year or 265 euros per month.
- Civil servant 50 years old, two children, income 30,000 euros (2,072 euros per month) – 1,200 euros per year or 100 euros per month.
The ministry emphasizes that we are talking specifically about net effect from tax changes, without taking into account possible future adjustments or additional payments.
More Stories
ΑΑΔΕ changes the ΚΑΔ system: until June 1, entrepreneurs can correct activity codes without fines
Investors are massively withdrawing funds from BlackRock and Blackstone funds – payments are limited
IMF: Asia forms half of the world economy – where is Greece