What is the minimum gross wage in Estonia?

 In

Minimum gross wage as of January 1, 2020

  • EUR 584 per month
  • EUR 3,48 per hour

Example of Payroll Preparation

DESCRIPTIONAmount €Calculation
GROSS WAGES, EUR584
SOCIAL TAX, 33%, EUR192,72584 * 33%
UNEMPLOYMENT INSURANCE, 0.8%, EUR4,67584 * 0,8%
INCOME TAX WITH A NON-TAXABLE AMONUT OF EUR 500, 20%, EUR12,60(584 - 500 - 11,68 - 9,34) * 20%
PENSION INSURANCE, 2%, EUR11,68 584 * 2%
UNEMPLOYMENT INSURANCE, 1.6%, EUR9,34584 * 1,6%
NET WAGES, EUR550,38584 - 12,60 - 11,68 - 9,34
  • The amount of all taxes is EUR 231,01
  • Net wages is EUR 550,38
  • Employer’s expense is EUR 781,39

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