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Need help calculating net income salary
Hi, i've been offered a job at Limal, Belgium and I'm tempted to take it.
But first I need some help with the numbers.
So, they offered 2600€ gross a month + 125€ for expenses + 8€ a day restaurant vouchers.
Realistically how much would I take home a month. I've tried different websites to calculate this with different results.
What I think is I get 1720€ a month + 125 + 8€*22 = 2021€
How far off am I?
Use an online calculator.
It's more than most people get in Belgium, it's entirely up to you if you want to take the job. You're very lucky indeed.
Impossible to answer without knowing your marital status and how many kids you're bringing with you.
The €1,720 you've calculated is basically correct. See here, a calculator provided by Partena, one of the countries largest payroll administrators.
https://www.partena-professional.be/fr/categorie/produits-services/logic...
You need to check on the expenses, as not all employers will just give the cash. Ie. they are reimbursing actual expenses, not just giving you the cash every month, and some have limitations as to what they will expense. So for example, they may reimburse phone / tv / internet bills, or buy you a computer (which are valid business expenses), but they won't pay for your groceries.
As you're new to Belgium, you also need to be fully aware of the rules on paid holiday, and the various "pecule" payments in June and December. It is extremely important you understand this as otherwise you are likely to be seriously disappointed in your first year when you discover that although you can take 21 days holidays, they will probably be unpaid. And similarly, you probably aren't entitled to the same "pecule" payments as your colleagues for at least the first full 12 months of your contract.
Rough guideline! Divide your gross monthly income by 3 (one third is for the tax man, social security, pension etc.).
€2600 ÷ 3 = €866. €2600 - €866 = €1734 net per month.
Ask a Human Resources Officer, an Accountant or ask your local tax office.
Knowing anything more than an approximation is irrelevant unless you imagine that everything in Belgium costs more-or-less the same as in Portugal.
If your rent will be €100.00 more expensive - or cheaper - here and your utilities are dearer - or cheaper - how can you judge whether you will be ultimately better or worse off?