Amount and taxation
Labour Market Subsidy is EUR 32,46 per day and it is paid for 5 days per week. It is increased for children under 18 who live in the same household as the recipient. The increase is
- EUR 5.24 per day for one child
- EUR 7.69 per day for two children and
- EUR 9.92 per day for three children or more.
Without child increase the amount of the Labour Market Subsidy is on average EUR 698 per month (21,5 x 32.46).
Labour Market Subsidy is taxable income subject to a 20 percent withholding rate. Alternatively, you can acquire a revised tax card for the receipt of social security benefits with a different withholding rate.
The Labour Market Subsidy is a means-tested benefit. This means that any other income you or - if you live in the same household - your parents may have decrease the amount of the subsidy.