Berlin. Kickers make a lot of money. But they have to hand over a large part of it to the tax office. How much exactly is that? An example calculation.
For Germany and the European Championship about. But Harry Kane (Bayern Munich), Dani Olmo (RB Leipzig) and Alejandro Grimaldo (Leverkusen) are still there football player in the final of the European Championship, which is being played in this country – and has to pay taxes. German professionals such as Jamal Musiala (Bayern Munich) and Niclas Füllkrug (Borussia Dortmund) also have to pay a fair share of their income. But how high are the taxes really?
First of all: football players are normal Employeeas they must follow the club’s instructions, such as fixed training times and game plans. As with other employees, income tax deducted. They also have to pay the solidarity surcharge due to their high income.
Read too: Unregistered account abroad? This could get expensive
The professionals, who live and work in Germanyoften pay for this Rich tax rate – 45 percent more soils. On the other hand, due to the assessment limit of contributions, social security contributions are relatively low. If football players also advertise and receive extra compensation, they will have to register a company and pay business taxes.
Residing abroad? Professionals still pay taxes in Germany
And some too Tax tricks do not always protect the assets of football kings: if a German football professional changes his residence to a low-tax country and continues to play for a German club, he will continue to be taxed as a resident for the following ten years – at least if he was subject to unlimited tax liability for at least five years in total in the ten years prior to the change (i.e. the end of unlimited tax liability).
Fabian Walter, better known as Steuerfabi, gives tax tips here regularly.
© FUNKE Photographic Services | Sergei Glanze
Now let’s assume that a professional football player has gone through remunerationswinning bonuses, advertising revenues and so on, a total taxable income 20 million euros In 2024, you will pay around 9,475,021 euros in taxes in Germany. And even professionals who earn less have to pay taxes.
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Let’s assume that the player earns one million euros per month, is not married and is registered in tax class 1. Then he would have to pay 447,822.08 euros, including church tax. income tax pay. But that’s not all: there are also 24,630.21 euros for solidarity and 1,341.09 euros for social security contributions. In total, the footballer would then receive “only” 526,206.62 euros of the original million.
Important tax tips from Steuerfabi:
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Fabian Walter: “Don’t be taxed”
With Steuerfabi, you can understand the world of taxes and save money. For the 2023 tax return Edition Michael Fischer / EMF Verlag. 256 pages. 16 euros