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Withholdings

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Withholdings from salary can differ from calculation to calculation. However, concerning their payout there are legal restrictions. This area is subject to three acts:

  • Tax Procedure Act
  • Execution of Judgments in Civil Matters and Insurance of Claims Act
  • Social Security Act

Available are four types of withholdings:

1. Agreement on Term Deposit (Credits)
2. Rulings of the Tax Administration
3. Alimony rulings
4. Court-ordered withholdings.

Each withholding type has its priority and the amount limitation for the payment. The greatest priority has an alimony ruling, next are tax administration rulings, credits and at the end court-ordered withholdings. An alimony withholding is limited to 2/3 of employee's net salary, tax administration rulings are limited to 1/3 of employee's net salary. Credits and other court-ordered withholdings are limited up to 2/3 of employee's net salary.

All these limitations are further limited with the basic amount of the minimum income which are annually published in the Official Gazette (January). If an employee has other family members to support, the basic amount of the minimum income will increase. For a child 30 %, for an adult 70 % and if lone parent 30 %. Let's see the calculations of the examples below:

Example 1

The employee has no family members to support
tax enforcement
withholding up to 1/3 of employee's net salary. The employee has to remain at least 181,614 EUR of his net salary.

Example 2

The employee has no family members to support
court-ordered withholding
with the withholding up to 2/3 of employee's net salary. The employee has to remain at least 181,614 EUR of his net salary.

Example 3

The employee has two family members to support, one adult and one child,
tax enforcement
withholding up to 1/3 of employee's net salary. The employee has to remain at least 363,226 EUR of his net salary.
Employee 181,614 EUR + adult family member 181,614 EURx0,7=127,129 + child 181,614 EURx0,3=54,484 EUR=Total 363,228 EUR

 

Currently, PANTHEON calculates all withholding that you have entered in the Credits panel of the Employee Files | Position/Salary and deducts errors. Previously you have to set the Credit Type and the Minimum Base Salary in the Administration Panel | Settings | Program Parameters | Personnel | Payroll | Credits panel. Next is the salary calculation. If some of the limitations is exceeded, the program will report an error, but calculate perform the payroll nevertheless. According to errors you can see which withholding need to be fixed or you can leave as calculated.

 

In the picture below you can see the chart with the deduction procedure in PANTHEON.

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