Set your wage tax credit

The wage tax credit is a reduction on wage tax. In NettoWise, this setting determines whether the credit is included in your calculated net income.

Why this matters

If you apply the wage tax credit when you should not, your net income looks higher than it should. That might feel good now, but it means you underpay tax and could face a bill later. If you do not apply the credit while you are entitled to it, your net income looks lower than it should.

Where to configure it

You set this per tax year.

1. Go to Portal → Data → Wage tax credit.
2. Indicate whether this is your only or main income and whether the wage tax credit should be applied.
3. Save the change.

When to update it

Update the setting when your situation changes, for example if you start or stop salaried employment. That keeps your NettoWise calculations realistic and helps prevent surprises at tax time.