EXAMPLE PAGE - SCHOOL BROCHURE - Vienna International School - Flipbook - Seite 21
Taxation
Under Austrian law employees are obligated
to pay Austrian taxes. The amount of tax is
dependent upon placement into a
tax category and on the number of
dependents. The School will deduct the
required tax from the monthly salary and
issue the appropriate amount to the
Finanzamt (Local Finance Office). It is the
individual teacher’s own responsibility
to negotiate any special arrangements
concerning any taxation agreements that
may exist between Austria and his/her home
country.
HOW MUCH MONEY WILL I HAVE LEFT AFTER
TAX AND OTHER DEDUCTIONS?
As a rule of thumb, you can assume that
you will have approximately 55% of your
gross earnings as disposable income. This
taxation covers all the deductions for health
care, pension, tax, sick leave benefits, etc.
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