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- 2 min readRecommended
Increase in Minimum Wage and Mini-Job Threshold
On 23 February 2022, the Federal Cabinet adopted a draft bill raising the minimum wage to EUR 12 per hour from 1 October 2022. The measure primarily supports workers in marginal employment
Tax AdvisoryAuditSource: Deubner Verlag - 2 min readRecommended
Age Relief Amount under Section 24a EStG
The age relief amount (Altersentlastungsbetrag) can be regarded as an allowance for certain types of income in old age. Its purpose lies in the fact that types of income such as income from letting and leasing or income from employment remain fully taxable in old age
Tax AdvisoryAuditSource: Deubner Verlag - 2 min readRecommended
Court Ruling: Renovation Costs in the Calculation of Trade Tax
In the case at hand, the claimant leased a snack bar including its operating assets effective 1 December 2017. After carrying out some preliminary renovation work, the business opened on 2 January 2018. The point in dispute with the tax office is
Tax AdvisoryAuditSource: Deubner Verlag - 3 min readRecommended
Cash Basis Principle under Section 11 EStG (Zufluss-/Abfluss-Prinzip)
The cash basis principle (Zufluss-/Abfluss-Prinzip) requires that income and expenses be allocated to the calendar year in which they were received or paid. The decisive factor is primarily the actual point in time of the income or expense
Tax AdvisoryAuditSource: Deubner Verlag - 4 min readRecommended
Income-Related Expenses – Commuter Allowance under Section 9 EStG
To provide tax relief for commuters, EUR 0.30 may be claimed for each kilometre of the one-way distance. The following explains the other rules that apply to the commuter allowance: how many days
Tax AdvisoryAuditSource: Deubner Verlag - 4 min readRecommended
Making Optimal Use of Tax-Free Allowances for Inheritances and Gifts
The subject of inheritance is governed by a complex legal framework, which is why many people prefer not to address it during their lifetime. However, without early planning, the available allowances within inheritance tax cannot be used effectively, resulting in unintended tax burdens.
Tax AdvisoryAuditSource: Deubner Verlag - 2 min readRecommended
Artists' Social Security Contributions – What Needs to Be Considered?
Under certain conditions, companies that engage artistic or journalistic services are required to pay artists' social security contributions. Several legal principles must be observed, which are explained below.
Tax AdvisoryAuditSource: Deubner Verlag - 3 min readRecommended
Waiver of Profit-Making Intent for Photovoltaic Systems and Combined Heat and Power Units
To simplify administrative procedures, profit-making intent is now waived for certain photovoltaic systems and combined heat and power units. Without profit-making intent, no income from a trade or business (§ 15 EStG) is generated
Tax AdvisoryAuditSource: Deubner Verlag - 2 min readRecommended
Relief Amount for Single Parents (§ 24b EStG)
Many single parents struggle to make ends meet financially. Without a second income from a partner, household funds are limited. For this reason, the state aims to
Tax AdvisoryAuditSource: Deubner Verlag - 2 min readRecommended
Extended Corona Economic Aid in 2022 – Bridging Aid IV (Überbrückungshilfe IV)
The Federal Ministry of Finance and the Federal Ministry of Economic Affairs have approved an extension of the Corona aid programmes into 2022. The objective remains to support companies and solo self-employed persons who continue to be affected by the Corona pandemic.
Tax AdvisoryAuditSource: Deubner Verlag - 3 min readRecommended
Work Clothing – Income-Related Expenses
Many employees and entrepreneurs need work clothing for their on-site activities. But which of these costs can be claimed in the tax return? Definition: What qualifies as typical work clothing? Typical
Tax AdvisoryAuditSource: Deubner Verlag - 4 min readRecommended
Home Office Study
Increasingly modern communication technologies have made working from home more popular in recent years. Added to this last year was the Corona pandemic, which intensified this development, albeit not entirely voluntarily
Tax AdvisoryAuditSource: Deubner Verlag - 1 min readRecommended
Extension of Überbrückungshilfe III Plus and Neustarthilfe Plus
Although the consequences of the coronavirus crisis are slowly easing, some sectors remain affected. For this reason, Überbrückungshilfe III
Tax AdvisoryAuditSource: Deubner Verlag - 2 min readRecommended
Disability Lump Sums 2021
Following a legislative amendment by the German federal government, the disability lump sums (Behinderten-Pauschbeträge) doubled as of 01/01/2021, and the additional requirements under the Income Tax Act no longer apply. The reason for the adjustment was an outdated statutory basis, under which the lump sums could in no way cover today's cost of living
Tax AdvisoryBusiness ConsultingAuditSource: Deubner Verlag - 1 min readRecommended
Extension of Bridging Aid III Plus and Restart Aid Plus
Although the consequences of the coronavirus crisis are gradually easing, some sectors remain affected. For this reason, Bridging Aid III […] can now also be applied for covering the period from October to December 2021.
Tax AdvisoryBusiness ConsultingAuditSource: Deubner Verlag - 2 min readRecommended
Tax Relief in the Event of Natural Disasters
In response to the devastating damage caused by the severe weather in July of this year, the affected federal states have now adopted tax relief measures. The basis for this assistance is the disaster relief decree (Katastrophenerlass) issued by the respective tax authority. Advance tax payments
Tax AdvisorySource: Deubner Verlag - 1 min readRecommended
Federal Fiscal Court Ruling (VI R 8/19): Civil Servant Death Benefit
The basis for the civil servant death benefit is the monthly gross salary or pension of the civil servant. As a result of the calculation, the descendants receive twice the monthly gross salary or pension as a death benefit. This
Tax AdvisoryBusiness ConsultingSource: Deubner Verlag - 2 min readRecommended
New Marginal Employment Guidelines 2021
On 26 July 2021, the umbrella organisations of the social insurance carriers published the revised Marginal Employment Guidelines 2021, which have been legally effective since 1 August 2021. The guidelines serve as a practical reference for employers and payroll accountants and
Tax AdvisoryBusiness ConsultingAuditSource: Deubner Verlag - 2 min readRecommended
Moving Expenses for Job-Related Relocations
If the move is related to the employee's professional activity, the employee can claim the moving expenses incurred as work-related expenses. Otherwise, the employer also has the option of reimbursing the moving expenses incurred to the employee tax-free.
Tax AdvisoryBusiness ConsultingAuditSource: Deubner Verlag - 2 min readRecommended
Filing Deadlines for the Income Tax Return
To avoid late-filing penalties for an income tax return submitted past its deadline, it is important to know the applicable filing dates. These deadlines were postponed several times during the Corona pandemic, which may make it difficult to keep track.
Tax AdvisoryBusiness ConsultingSource: Deubner Verlag