But it’s not as complex as it seems – and with a couple of simple adjustments, you could end up paying significantly less in salary deductions each month. The Local has created this short guide in partnership with private health insurance company ottonova to help you understand what comes out of your salary and why. Photo: Open sourceSocial charges: Saving money with private health insuranceThe final set of salary deductions on your payslip are the social charges. Get private health insurance from ottonovaIf you opt for private health insurance, this decision could save you money in other ways, too. $330) every month by opting out of the Church Tax and opting into a private health insurance such as the one offered by ottonova.

Source: The Local September 30, 2019 03:56 UTC