Tax on severance pay

• Severance Pay
• Tax on severance pay
• Termination agreement

One-fifth rule for severance pay: If there is a mutual separation between employer and employee by means of a termination agreement, or if the empl...

• Severance Pay
• Tax on severance pay

Do you have to pay income tax on severance pay in Germany? Yes -  unfortunately, employees have to pay income taxes also on their severance pay. An...

• Severance Pay
• Tax on severance pay

Do you have to pay tax on your severance pay if you lose your job? Unfortunately, in Germany, the answer is yes. This blog article explains why - a...