German payslips are pretty confusing with a lot of numbers and abbreviations. Many expats in Germany are surprised when they receive their first net salary and see that almost half of their gross salary is deducted. Our example payslip has almost 5.000€ gross and less than 3.000€ net.

What happened in between?
What does gross & net even mean?
How much taxes do you have to pay in Germany?
How much social security are you paying in Germany?

Read the article here: https://perfinex.de/germanpayslipex...

Videos Axel mentioned:

Taxes in Germany Explained | Income Tax, Tax Classes, Church Tax, Solidarity Tax
   • Taxes in Germany Explained | Income T...  

German Social Security System Explained | Health Insurance, Public Pension, Accident Insurance, etc
   • German Social Security System Explain...  

Health Insurance in Germany: Public Health vs Private Health | What's Better For You?
   • Health Insurance in Germany: Public v...  

Pension System in Germany | Public Pension, Rürup, Riester, Company Pension, Private Pension, etc
   • Pension System in Germany | Public Pe...  



00:00 Intro
01:31 Difference between Gross Salary & Net Salary
02:11 Personal Data (Taxes, Health Insurance, etc)
04:08 Parts of Gross Salary (company car, etc)
05:45 1st Big Deduction: Taxes
06:53 2nd Big Deduction: Social Security
09:13 How to Increase Net Salary



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