The Bundestag agreed on Thursday to get rid of the surcharge (Solidaritaetszuschlag) – so-called 'solidarity tax' – almost completely. The charge, known as the "Soli," levies an additional 5.5 percent income tax after a certain level of earnings. It appears on the payslips belonging to taxpayers in Germany. Under the new rules, taxpayers could save anything from a few hundred euros to thousands per year. According to the Finance Ministry, the state will receive about €10.9 billion less in the first year after it is partially abolished.

Source: The Local November 14, 2019 12:12 UTC