Changes to the Income Tax Act (which seem to apply only for 2022, as new tax changes are announced) have also brought changes to the payment of performance bonuses (Christmas bonus 2022).
Among the new features is that the payment is tax-free up to 100% of the average monthly salary of employees in the Republic of Slovenia or 100% of the average monthly salary of the employee, including wage compensation, paid in the last 12 months, if this is more favourable for the employee.
This means that the 2022 Christmas bonus is exempt from income tax, but not from contributions.
Example of a gross Christmas bonus 2022 – payment of EUR 1,500
| in EUR | |
| Gross Christmas Allowances 2022 | 1.500,00 |
| Contributions on gross 22.1% | 331,50 |
| General relief | 0,00 |
| Tax/tax credit | 0,00 |
| Contributions per gross 16.1% | 241,50 |
| Total cost of Performance Award/Cellular Allowance | 1.741,50 |
| Net Christmas 2022 | 1.168,50 |
| Total levies and contributions | 573,00 |