✨ Verified 2026/27 Tax Thresholds · Audited across 22 Official Government Revenue Databases
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Financial & Expat Tax Glossary

Clear definitions of international payroll terms across 22 countries.

PAYE (Pay As You Earn)
The system used in the UK, Ireland, and Australia to deduct income tax and social insurance directly from an employee's salary before it reaches their bank account.
Lohnsteuer
German income tax withheld at source by employers based on your Steuerklasse (tax class).
30% Ruling (Netherlands)
A Dutch tax facility allowing qualifying foreign workers to receive 30% of their gross salary tax-free for up to 5 years.
FICA (USA)
Federal Insurance Contributions Act tax in the US, consisting of 6.2% Social Security and 1.45% Medicare taxes.

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