Help I lost nearly 50% of my MSCA to taxes
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Help I lost nearly 50% of my MSCA to taxes
So I filed my taxes because my host paid me net. They combined all three allowances as well as the research cost in one sum. This meant I was deemed on the High pay level and have been taxed a huge amount. I'm especially concerned about my research expenses. I've lost 45% of them to tax. And my mobility and family allowances which are all taxed, leaving very little. The university says that's how they do but I know they didn't do like this for a previous msca fellow. What can I do? Who can help me? I thought this was a generous grant. Thanks
Re: Help I lost nearly 50% of my MSCA to taxes
Hi, can you inform the country? I also recently got the MSCA PF and trying to understand how to pay taxes. I will join Spain, your country?
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Re: Help I lost nearly 50% of my MSCA to taxes
Hi. I also don’t quite understand how salaries are formed taking into account taxes. The conditions for paying taxes depend on the specific country.Maybe there is some information about this in the grant agreement? My host is in the UK and the grant agreement is not yet ready.
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Re: Help I lost nearly 50% of my MSCA to taxes
Re UK: I've asked the research support staff at my host institution and after going down a rabbit hole they were able to give me an estimate of what my net salary would be. This will depend on the institution as well as on whether you want to opt out of pension contributions -- this makes a huge difference. So I would insist with the research support staff at your host institution that they give you that estimate.
PlasmaFuture wrote: ↑Fri May 10, 2024 10:16 pm
Hi. I also don’t quite understand how salaries are formed taking into account taxes. The conditions for paying taxes depend on the specific country.Maybe there is some information about this in the grant agreement? My host is in the UK and the grant agreement is not yet ready.
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- Joined: Mon May 13, 2024 11:26 pm
Re: Help I lost nearly 50% of my MSCA to taxes
Curious to know about your experience. I'm submitting a MSCA PF to Spain also, and would like to take this into consideration (net x gross salary).
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Re: Help I lost nearly 50% of my MSCA to taxes
Hey,
Did you get any answer about the actual net monthly salary in spain ? From what I saw on the online application the gross annual is 77 237,28 €. Which I think is pretty good but when I see the students feedback and the after taxes its actually scary so I don't know. Please let me know if you have any informations.
Curious to know about your experience. I'm submitting a MSCA PF to Spain also, and would like to take this into consideration (net x gross salary).
[/quote]
Did you get any answer about the actual net monthly salary in spain ? From what I saw on the online application the gross annual is 77 237,28 €. Which I think is pretty good but when I see the students feedback and the after taxes its actually scary so I don't know. Please let me know if you have any informations.
Curious to know about your experience. I'm submitting a MSCA PF to Spain also, and would like to take this into consideration (net x gross salary).
[/quote]
Re: Help I lost nearly 50% of my MSCA to taxes
Hi there,
I've recently been an MSCA fellow in Spain and the monthly net salary for me ended up being really close to 3K euros (like 2.95K). I'm an spaniard so I dunno if taxes can be relaxed for foreigners. Still, that's a salary that's really really high for most of the cities in the country. In my case, research expenses were not included in the salary (but mobility was and I didn't have any family allowance). Hopefully this helps.
I've recently been an MSCA fellow in Spain and the monthly net salary for me ended up being really close to 3K euros (like 2.95K). I'm an spaniard so I dunno if taxes can be relaxed for foreigners. Still, that's a salary that's really really high for most of the cities in the country. In my case, research expenses were not included in the salary (but mobility was and I didn't have any family allowance). Hopefully this helps.