|Opis:||A pensioner is a person who retired himself and therefore receives a well-deserved pension at the end of active work. After the introduction of the new pension scheme reform, the retirement age should be at 65 after having met the pension qualifying period for at least 15 years. For retired persons, the main source of income in the retirement is a pension, which can be partial, old-age, widower's, invalidity, survivor's and state pension. Survivor's pension is independent of the status of retired person, yet other family members can receive it through the deceased. Thus, a student can receive it as well.
A student is a person who entered the higher education and thus studies graduate or post-graduate program. In the course of the study, the students have the possibility to receive income through student work on the basis of students referrals issued by student service and scholarships such as company, state and Zois scholarship.
The amount of the received income and status of a person (a pensioner, a student) have an impact on the amount of prepayment of income taxes. The status of a person is important in the identification or enforcement of potential reliefs and benefits. Based on the amount of income and considered potential reliefs, we arrive at conclusions to which income tax bracket an individual belongs. The amount of student reliefs differs from the amount of pensioner’s benefits. Thus, having received the same income, they are not equally taxed due to the different grounds.
With regard to pensioners, all pensions are taxed, if they exceed the tax-free threshold, which presents 1,027.00 Euros. Seniors who are older than 65 years enforce and call on age allowance. Therefore, a withholding tax occurs in the amount of 1,250.00 Euros. Regarding the students and scholarships, only the company scholarship is taxed, if it exceeds the minimum salary. The student work is taxed when exceeding permitted limit, which depends upon the fact, weather the person is a surviving dependant or not and weather he meets the requirements to enforce special personal relief.
Due to a series of problems related to the student work, the specific solutions are proposed in the Part-time Workers Regulations. Under the new legislation, the temporary, periodical and permanent work could be done by students, unemployed and retired persons. The important difference from student work, with which we are familiar nowadays, is that such work should be newly limited to 14 hours a week, which is 60 hours a month and 720 hours a year. Exceptionally, the annual limit of number of hours would apply for students due to the priority of study. Additionally, such work newly provides an annual income limit, which should not exceed 6,000.00 Euros gross.|