Individual - Significant developments

Last reviewed - 24 January 2022

Starting from 1 January 2022, the higher 32% personal income tax (PIT) rate for the income exceeding the threshold of 90,246 euros (EUR) should be applied. The threshold is increased from EUR 81,162, which was in force in 2021.

Employment income exceeding the EUR 90,246 threshold is subject to a lower rate of social security contributions (SSC) at 6.98%. Employer‘s SSC of 1.77% (standard rate) is not capped.

Taxation of other personal income was slightly reduced, and the progressive PIT rate at 20% is applied to annual income exceeding EUR 180,492 instead of EUR 162,324.