Search found 3 matches

by cat85
Wed Apr 03, 2024 2:37 pm
Forum: Taxes & finance
Topic: Severance Pay and Social Taxes
Replies: 5
Views: 1074

Re: Severance Pay and Social Taxes

Ok, there is a scenario in which you would have to pay public health&nursing contributions on your severance pay: If through your severance pay, your employer is cutting short the termination period, i.e. if part of that severance pay is actually the salary your employer would have needed to pa...
by cat85
Tue Apr 02, 2024 9:58 pm
Forum: Taxes & finance
Topic: Severance Pay and Social Taxes
Replies: 5
Views: 1074

Re: Severance Pay and Social Taxes

So, do I need to inform the health isurance at all or just don't do anything. The link you shared makes it quite clear that nothing needs to be done. This is the part of the letter that made me ask the question: Waren Sie bisher beschäftigt und erhalten Sie noch eine Abfindung von Ihrem letzten Arbe...
by cat85
Tue Apr 02, 2024 9:54 am
Forum: Taxes & finance
Topic: Severance Pay and Social Taxes
Replies: 5
Views: 1074

Severance Pay and Social Taxes

I was recently laid off and also received severance pay with my last payroll. I'm not going to receive any more pay going forward. According to health insurance I don't need to do anything until my application for unemployment benefits has been processed but the letter they sent also mentions to pay...