A family with two children could have up to 2217 euros more net from the gross in the new year. This was calculated by the German Economic Institute (IW) for the newspaper “ Welt ”. Measures such as the higher basic allowance or more child benefit now arrive directly on the account.
Good news for German employees: in 2023 there will be more net than this year. This is shown by a calculation by the German Economic Institute (IW) for the newspaper “ Welt ”. In 2023, employees will receive between 236 and 2217 euros more net wages than in 2022.
Compensating for cold progression in particular has a positive effect on payroll accounting. The dwindling purchasing power due to high inflation is compensated for by increasing the basic allowance. According to the IW experts, however, there are several changes that are decisive for the better gross-to-net ratio:
There are also reliefs, such as the gas and electricity price brake, which were not taken into account in the IW calculations.