Personal allowance or non-taxable part of salary
Taxpayer's personal allowance comprises of basic personal allowance plus the parts and amounts of the personal allowance to which the taxpayer is entitled to under the conditions laid down in the Income Tax Act.
Table of coefficients and amounts of basic personal allowance and increase of basic personal allowance:
|
PERSONAL ALLOWANCE
|
COEFFICENT (coefficients are added together) |
MONTHLY AMOUNT (euro and cent) |
| Basic personal allowance | 1,0 | 600.00 |
| Dependent immediate family members | 0.5 |
300.00 |
| 1st child (C1) | 0.5 | 300.00 |
| 2nd child (C2) | 0.7 | 420.00 |
| 3rd child (C3) | 1.0 | 600.00 |
| 4th child (C4) | 1.4 | 840.00 |
| 5th child (C5) | 1.9 | 1,140.00 |
| 6th child (C6) | 2.5 | 1,500.00 |
| 7th child (C7) | 3.2 | 1,920.00 |
| 8th child (C8) | 4.0 | 2,400.00 |
| 9th child (C9) | 4.9 | 2,940.00 |
| I² | 0.3 | 1180.00 |
| I*³ | 1.0 | 600.00 |
¹ For each further dependent child, the coefficient of the basic personal allowance is increased progressively by 1.1 more with regard to the coefficient for the previous child.
² I - Disability or physical impairment of a taxpayer, each dependent member of the immediate family and each dependent child (less than 100%)
³ I* - Disability or physical impairment of 100% established on one basis and/or the use, under special regulations, of the right to allowance for assistance and care of the taxpayer, or the right to personal disability allowance, of each dependent member of the immediate family and each dependent child.
The use of an increased personal allowance under I excludes the use of an increase in the basic personal allowance under I*.