It is common to pay employees special payments or miscellaneous remunerations, such as 'thirteenth and fourteenth month salaries'. Holiday pay and Christmas bonuses are often referred to as 13th and 14th month salaries.
If the special payments amount to no more than EUR 620 per year, then they are tax-free. Any amount in excess of this EUR 620 per year is taxed at the following flat rates:
| Payment amount | Tax rate |
| Up to | EUR 620 | 0.00% |
| For |
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Web page updated on 28 Aug 2024 11:34