€69,700.00 gross in net in tax class 1

In Bavaria, a yearly gross salary of €69,700.00 (    ) in tax class 1 results in a net salary of €42,594.38 (    ). This would be 61.11% of the gross salary.

• The yearly income tax would be €12,474.00, or 17.90% of the gross salary.

• The yearly contribution to the pension insurance would be €6,482.10, or 9.30% of the gross salary.
• The yearly contribution to the unemployment insurance would be €906.10, or 1.30% of the gross salary.
• The yearly contribution to the health insurance would be €5,655.83, or 8.11% of the gross salary.
• The yearly contribution to the care insurance would be €1,587.60, or 2.28% of the gross salary.