![]() ![]() This option has been extended to the end of March 2022. Since March 2020, employers have the option of supporting their staff with a tax-free Corona bonus of up to 1,500 euros. ![]() Self-employed persons and companies affected by Corona-related restrictions can continue securing government support in the form of bridging and new start aid until the end of March 2022. Tip: The new commuter allowance and mobility premium apply to all means of transport and for trips home if you manage a double household. ![]() Prerequisite: Your income-related expenses (Werbungskosten) must exceed the income-related expenses lump sum (Werbungskostenpauschale) of 1,000 euros. The mobility premium is assessed based on the difference between your taxable income and the basic tax-free allowance. This premium amounts to 14% of the increased commuter allowance (i.e. With this being said, they can still benefit from the new Mobility Premium (Mobilitätsprämie) from 2021 to 2026 and can already claim it on their 2021 tax return. From 2024-2026, this will be further increased to 38 cents from the 21st kilometer.Įmployees whose taxable income does not exceed the basic tax-free allowance (Grundfreibetrag) don’t benefit from the commuter allowance as they are not required to pay taxes. To compensate for the additional burden of CO2 pricing, the commuter allowance (Entfernungspauschale) was increased to 35 cents per kilometer from the 21st kilometer of one-way travel for 2021-2023. The law which implemented the 2030 climate protection program has also provided relief for long-distance commuters since 2021. Only income exceeding this amount counts towards your taxable income. Before 2022, these amounts were 9,744 and 18,844 euros respectively. This amount is doubled for married couples who choose to file a joint assessment (19,968 euros). We’ve compiled a list for you in alphabetical order: Basic tax-free allowance (Grundfreibetrag)Īs of January 2022, the basic tax-free allowance will be increased by 240 euros for a total allowance of 9,984 euros. Voluntary tax returns are almost always worthwhile!Įmployees who file voluntary tax returns can expect an average tax refund of 1.095 euros! Changes to tax law in 2022Īs of January 2022, numerous tax changes have been put in place. For example, you could file a retroactive 2018 tax return voluntarily until December 31st, 2022. Non-mandatory tax returns that are submitted voluntarily have a deadline of December 31st, 4 years following the tax year in question. Your 2022 tax return must be received by your local tax office by July 31st, 2023. Be warned: If this deadline is missed, you can be charged with a lateness penalty fee (Verspätungszuschlag). As July 31st, 2022 falls on a Sunday, 2021 tax returns must be received by the tax office by August 1st, 2022 at the latest. The deadline for your tax return is July 31st of the year following the tax year. More detailed information about circumstances that lead to mandatory tax assessment can be found in our article “ Who has to file a tax return?" Deadline for your 2021 tax return If a spouse applies for individual assessment.Receiving allowances when deducting taxes from your wages (wage tax reduction). ![]() Tax class combinations of 3/5 or 4 with factor.Wage replacement benefits (Lohnersatzleistungen) such as short-term work (Kurzarbeit), sickness, maternity, or unemployment benefits, or untaxed additional income that exceeds 410 euros per year.There are many circumstances that can lead to an obligatory tax return, some of those include: In this article, we will sum up all the important changes and regulations to tax law in 2022 to ensure you’re kept up to date and get the most out of your 2022 tax return. Tax Changes in 2022: Tips for Your 2022 Tax Return ![]()
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