Div

Hey everyone,
I got a job in milan, italy and i'll be getting 25000 euro per year. I dont have any idea tax deduction. Will this be sufficient for one person to live there. And i also want to save some money per month.

37100

A single person will pay about €7,000 in tax.

Div

Thanks..

Moses2013

This calculator is pretty accurate http://www.italytaxcalculator.com/
As mentioned around €7000 (€7,827.18)

GeorgeYoung

Note that the tax calculator appears to be for people who are directly employed (i.e. not self-employed) which seems to be ok for the OP but might not apply to everyone's circs.
For example, I'm self-employed and the INPS contributions are around 30% rather than the 9% mentioned in the tax calculator.

philat98

You are paying a lot of tax George!

GeorgeYoung

Tell me about it!

However, the "taxable base" used to calculate it is a bit complex from what (little) I understand and, for example, you can offset your INPS payments from the previous year in calculating your profit for the current year.

https://www.fiscoetasse.com/rassegna...rata-2018.html