Save taxes: tax return – what can you deduce?

The music school, new school books, the school trip – children cost money. Much must have to wear parents alone. The tax return is still possible to discontinue one or the other issue. For children up to the age of 14, for example, parents can claim two thirds of childcare costs up to a maximum of 4,800 euros per year and child – for the daycare, the after -school care or the childminder, says Christina Georgiadis from the VLH.

But: “Parents must have an invoice for the costs of childcare and pay them by bank transfer,” says Georgiadis. The tax office does not recognize cash payments.

The tax authorities look particularly closely at one or the other point. For example in the travel expenses. The specified route can be checked with the route planner – also by the tax office. Also not a good idea: to cheat on the number of working days, because that too is easy to understand.

Also Read  Pope Francis is discharged and appears in public after more than 1 month

Professional commuters can deduct the travel costs for the workplace at a flat rate at 30 cents per kilometer. From the 21st kilometer there are even 38 cents. It is irrelevant whether the route was covered with your own car, as a passenger, by bike or public transport. Also, the shortest route does not have to be given if there is a longer but time -saving route.

While drivers can claim the distance costs indefinitely, passengers may only deduct a maximum of 4,500 euros per year through the tax return. Trips by public transport are also recognized in the amount that can be applied if they can be occupied.

By the way: If the car has to go to the repair, you can also deduct the taxi costs for this period.

Source link

Avatar photo
Emma Vossen Emma, an expert in Roblox and a writer for INN News Codes, holds a Bachelor’s degree in Mass Media, specializing in advertising. Her experience includes working with several startups and an advertising agency. To reach out, drop an email to Emma at emma.vossen@indianetworknews.com.