With the increase in income tax from the new year, the amount of tax refund for those who join the third pension pillar will also increase, writes dv.ee. :format(webp)/nginx/o/2023/05/19/15332099t1h505c.jpg)
Money. Photo: Sille Annuk
With the increase in income tax from the new year, the amount of tax refund for those who join the third pension pillar will also increase, writes dv.ee.
People who invest in the third pension pillar are used to being able to contribute up to 15% of their gross income each year, or a maximum of 6,000 euros, tax-free. This means that the state refunds the income tax based on the tax return. With the increase in tax from 20 to 22%, the refund amount will increase proportionally.
Next year, the refund will still be 20%. The new insertion will come into force in 2025, and the first refunds will be made in 2026.
Read more at dv.ee.
