The German Ministry of Finance May 20 explained the 2022 wage tax program. The program includes: 1) a basic tax-free allowance of 10,347 euros (US$11,116); 2) an employee lump sum of 1,200 euros (US$1,289) under the Tax Relief Act; 3) the income cap for health and social insurance contributions of 58,050 euros (US$62,359); 4) the 14 percent health insurance contribution rate; 5) the 1.3 percent additional employer health insurance contribution rate; 6) the pension insurance contribution cap of 84,600 euros (US$90,867) for the western region and 81,000 euros (US$86,965) for the eastern region; 7) the 88 percent pension insurance partial ...
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