Is social security included in the tax table in Austria or does it have to be calculated separately?
Good morning, I'm starting my own business in a month and would then be subject to the 50% tax rate. My question is, is social security and pension insurance already included or does that come with it? Thanks in advance π
No, the social security is not included in the tax.
However, social security contributions are considered to be an operating expenditure, so they are deducted from your income before calculating income tax.