Wednesday, October 1, 2014

Severance pay in payroll, for a worker the benefit would be 57 euro to … – TGCOM

Severance pay in payroll, for a worker the benefit would be 57 euro to … – TGCOM

– Have the severance pay provided in paychecks means to receive, in advance, and each month, a portion of liquidation. The salary would be enriched in different ways depending on the bases of departure, but those who earn more would be penalized by the IRS. The Craftsmen Union of Milan simulated how it would change the paycheck of a worker, a clerk and a framework.



 severance pay in payroll, for a worker the benefit would be 57 euro per month

As reported in Day , payroll enriched by the severance pay were made assuming that the government expects to maintain the separate taxation of severance pay with a reduced rate of 23%. Otherwise, if applied at the standard rate according to the income tax personal income tax could even double for high incomes. 28 to 55 thousand euro gross per annum, in fact, the rate rises to 38% to go up to 75 thousand to 41% and then to 43%.

For a worker +57 € – The worker who has a regular monthly salary of 1,544 euro, plus the bonus of 80 euro, would see the monthly paycheck net increase from 1238 to 1295 by taking € (tax free) of the 57,18 euro severance pay. The rate of 23% would be triggered when the severance pay would be charged at the end of counting also advances.

For an employee base +64 € – For an employee who receives EUR 1,765 per month, more bonuses and severance pay almost 64 euro, the payroll would rise from 1,342 to 1,405 Euros instead. For an employee, instead, to the highest level, with 2,085 euro gross salary of the ordinary, the severance pay monthly would be 77 euro, but in this case begin to take taxes: 17.7 euro. So the difference with or without severance pay, it would be a salary of between € 1,608 and one of 1,667.

For an overview +88 € – Finally, always to the effect of severance pay (114 euro per month less than 26 taxes), a framework would receive a net monthly income of € 2,292 instead of 2,204.

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Craftsmen Union of Milan
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