Re:I quit the tech industry
by jkot on Wednesday June 10, 2015 @08:33AM
(#9691580)
Czech republic
[ Parent
| on HN ]
Social insurance, health insurance and income tax will be around 25% on €15k annual salary in Czech republic. And that's assuming they have no children. With children it's even less.
Supergross salary rings a bell?
15000*27/12 = 33750CZK/month = 42.5% taxation
Add VAT 21%, petrol tax 52%...
Re:I quit the tech industry
by mynameisvlad on Wednesday June 10, 2015 @12:16PM
(#9693305)
Except the VAT and petrol tax have nothing to do with income tax. So you can't just add it to the ~40% income tax. 21% VAT is quite normal in the EU, so that's nothing special.
Also source on that petrol tax? According to http://uk.reuters.com/article/2014/07/23/uk-czech-tax-idUKKB... it seems to be one of the lower in the EU, as the cut would have "put Czech petrol taxes below minimum rates allowed in the European Union"