Summary: Luc Frieden holds first press conference as new government confirmed https://today.rtl.lu/news/luxembourg/a/2138374.html

by GraphenePetal

3 comments
  1. Probably 2.5% applied iteratively. So over 10% if they were going up, under 10% as they’re going down.

  2. Whenever an index is triggered, your gross goes up by 2.5% but not your net because tax scales are progressive. This change will aim at modifying (lowering) the tax scales so that your net goes up by 2.5% too. They will apply that to an equivalent of 4 indexations.

  3. The index increase of 2.5% is applied to the gross wage. So in real terms, for example, you only get an increase of 2.0% (net). The point is that you will get four times this difference (0.5%) more per month. In other words, a simplified increase of 2.0%.

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