What is the minimum gross wage in Estonia?

 In

Minimum gross wage as of January 1, 2019

  • EUR 540 per month
  • EUR 3.21 per hour

Example of Payroll Preparation

DESCRIPTIONAmount €Calculation
GROSS WAGES, EUR540
SOCIAL TAX, 33%, EUR178,20540 * 33%
UNEMPLOYMENT INSURANCE, 0.8%, EUR4,32540 * 0,8%
INCOME TAX WITH A NON-TAXABLE AMONUT OF EUR 500, 20%, EUR4,11(540 - 500 - 10,80 - 8,64) * 20%
PENSION INSURANCE, 2%, EUR10,80 540 * 2%
UNEMPLOYMENT INSURANCE, 1.6%, EUR8,64540 * 1,6%
NET WAGES, EUR516,45540 - 4,11 - 10,80 - 8,64
  • The amount of all taxes is EUR 206,07
  • Net wages is EUR 516,45
  • Employer’s expense is EUR 722,52

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