Example – Czech Republic

Gross wage in month 30000 CZK (approx. 1150 EUR), taxpayer has one child. What is his netto wage?
What has he to pay?


Gross wage (month)                                      30000

Social and health contributions

paid by employer                                           10200                    34% of gross
wage

Tax base                                                             40200
30000+10200

Tax allowance to deduct                              0                             Tax allowance is
not allowed in month calc.

Modified tax base                                           40200

Tax brutto I                                                        6030                      15%
from the modified tax base

Tax reduction to deduct                               2070                      1/12 of basic tax
reduction (24840 CZK)

Tax brutto II                                                      3960
6030-2070

Tax allowance                                                  1267                      1/12 of
tax allowance (15204 CZK)

Tax netto                                                           2693
3960-1267


Netto wage:

Gross wage                                                       30000

Social and health contributions

paid by employee                                          3300                      11% of gross
wage

Tax netto                                                           2693

Netto wage                                                       24007
30000-3300-2693; approx. 920 EUR


Taxpayer must pay tax netto and social and health contributions.


Your task is to take average wage in your country in one month and calculate the netto tax and
other tax duties. Please use the table or any other form to show the structure of your
calculations.

Place your homework in the “Homework Vaults” in the Information System no later than 25/3/2020.