German Payslip Explained: What Expats in Germany Need to Know

Are you confused by your German payslip? 🤔
You're not alone! Many expats are shocked by the deductions from their payslips. Finally, understand where your money is going with this line-by-line breakdown.

This video decodes your German payslip, making sense of all the confusing numbers and abbreviations. We'll cover:
- The 6 key sections of your payslip: From personal details to your final payout.
- Tax class explained: How it affects your income tax and what your options are.
- Health insurance secrets: Public vs. private, contribution rates, and ways to save.
- Social security contributions: What you're paying for pension, unemployment, health, and care.
- Gross vs. net salary: Understand the difference and what you really take home.
- Hidden deductions: Company car benefits, voluntary insurance, and more.

We'll break down even the most complex parts of your payslip, empowering you to take control of your finances in Germany.

Read the full article on our website:
https://perfinex.de/german-payslip/

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PerFinEx GmbH - Personal Finance for Expats
The #1 English-speaking & Independent Financial Planner in Germany
Further legal information is available at perfinex.de/impressum