Parental allowance and tax bracket
Parental allowance is paid for one or two parents after the birth of a child over a period of just over two years. How the parental allowance is divided between the two parents and within the time can be designed very differently. The amount of the parental benefit is 67% of the net income in the last 12 months before birth.
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What exactly is parental allowance??
Parental allowance is a substitute for the state. It is intended to compensate for a loss of salary after birth due to the care of one’s own children. A parent can receive a parental allowance of at least two and a maximum of 12 months. If the other partner also participates in the care, the parental allowance can be claimed for an additional two months (maximum 14 months). These additional months of parental allowance are also known as partner months. Single parents can receive parental allowance for a maximum of 14 months.