In Germany, the employee savings bonus is paid by the state to people who are in direct paid employment (that is, people who are not self-employed) if the employer makes capital formation savings payments to the employee and the employee's taxable annual earnings do not exceed a specified amount.
The savings bonus is calculated on the basis of the savings amount with corresponding assessment thresholds multiplied by a fixed percentage.
Employers used to pay the employee savings bonus on a monthly basis and were then refunded the money by the tax office.
As of January 1990, the savings bonus is calculated by the tax office and paid to the employee once a year as part of the annual employment tax declaration.
More terms such as employee savings bonus in Dictionary E.
- Manual End Of Interest Rate Condition Period:
- Help which a specific interest rate condition is valid. Example A 2-year loan from March 1, 2001 through March 1, 2003. Variable interest rate condition: 3-month Euribor (with fixing every 3 months) for employee savings bonus definition.
- Manual Employee Contribution Rule:
- Help The definition of employee contribution for a group of employees employee savings bonus explain.
- Manual External Status:
- Help Status that documents the progress of the JIT call at the OEM employee savings bonus what is.
- Manual Event Collector:
- Help that have been successfully completed independently of each other, and to which the background processing is to respond. The event collector corresponds to the and-process and the process chain employee savings bonus meaning.
- Manual Evaluation Path:
- Help relationships between objects in a hierarchical structure. For example, the evaluation path O-S-P describes the relationship chain: organizational unit -> position -> person ->. Evaluation paths are employee savings bonus abbreviation.
