TFR Calculator
Estimate the TFR (Italian severance pay) accrued with your salary and years of service: yearly quotas, revaluation and the separate taxation at the end.
- TFR gross
- € 23,205.25
- Estimated net, after separate taxation
- € 17,868.04
- Yearly quotas set aside
- € 20,722.22
- Revaluation (net of 17% tax)
- € 2,483.02
- Estimated tax
- € 5,337.21
- Set aside each year
- € 2,072.22
What it does
TFR Calculator shows the whole calculation, not just the answer: every intermediate figure is on screen, so you can check it against your own numbers instead of trusting a single output box.
When you need it
Quoting, invoicing, or checking someone else's arithmetic — the moments where being roughly right costs money, and where the formula is easy to get subtly backwards.
Limits and caveats
Figures are unrounded until the final display, so results will not always match a calculation that rounded at each step. This is a working tool, not tax or financial advice, and local rules may differ. Everything happens in your browser, so the file never leaves your device.
How to use the TFR Calculator
- Enter your numbers.
- Results update as you type.
- No rounding surprises — the maths is shown in full.
Frequently asked questions
- How is the TFR built up?
- Each year sets aside the annual pay divided by 13.5, less 0.5% that goes to INPS. What is already set aside is revalued by 1.5% plus 75% of inflation.
- Is the net exact?
- No: INPS or the employer recompute the tax on the rates of the last five years. This is a close estimate with constant pay.
- What if my TFR goes to a pension fund?
- Then it is not with the employer and this calculation does not apply: the fund's statement shows your position.
- Do my files get uploaded?
- No. This tool runs entirely in your browser, so the file never leaves your device.
Embed this tool on your site
Copy this code into a page of your site: the calculator works inside it, nothing your visitors type is sent anywhere, and it links back here.