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Are you confused by your German payslip? 🤔 You're not alone! Many expats are shocked by the deductions from their payslips. Finally, understand where your money is going with this line-by-line breakdown. This video decodes your German payslip, making sense of all the confusing numbers and abbreviations. We'll cover: The 6 key sections of your payslip: From personal details to your final payout. Tax class explained: How it affects your income tax and what your options are. Health insurance secrets: Public vs. private, contribution rates, and ways to save. Social security contributions: What you're paying for pension, unemployment, health, and care. Gross vs. net salary: Understand the difference and what you really take home. Hidden deductions: Company car benefits, voluntary insurance, and more. We'll break down even the most complex parts of your payslip, empowering you to take control of your finances in Germany. ----- PerFinEx GmbH - Personal Finance for Expats The #1 English-speaking & Independent Financial Planner in Germany Further legal information is available at perfinex.de/impressum