The Slovenia Times

As economy recovers, taxes on wages go up

Economy

Paris - As economies recover post-Covid, taxes on wages went up last year in two-thirds of countries of the Organisation for Economic Cooperation and Development (OECD), including Slovenia.

In Slovenia, the tax rate on a monthly wage of an individual without children reached 43.6%, while the EU average is 34.6%. Slovenia thus ranked sixth among 38 countries, up two spots from the year before. The list is topped by Belgium with a 52.6% share, while Columbia had zero rate.

The share of taxes and contributions in monthly wages of citizens without children went up in 24 of 38 countries, decreased in 12 countries and was flat in two. In Slovenia, it went up by 0.5 percentage points.

Families with two children and only one employed person in 27 countries saw the tax rate increase. In ten countries, the tax rate deceased and was level in one. In Slovenia, it was at 29.5%, while the OECD average was 24.6%.

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