As you can tell from the German term ‘mini-job’, it’s a type of employment that entails a small wage. Nevertheless, it can have implications for your tax situation and your German tax return. Here’s how mini-jobs affect your tax returns.
Pupils, students, and professionals often have part-time jobs. Unfortunately, the tax authorities want to earn money from these jobs as well. We show when you have to pay tax on your additional income and which additional income remains tax-free.
In the event of termination, severance payments (Abfindungen) are often made. However, this must be fully taxed. How does this work? Keep reading to find out.
Is ALG1 taxed? No, it’s tax-free. Yet, you have to state it in your tax return. We explain the reason behind this and the costs you can deduct from tax during this time.
“For real, can I reimburse the costs of setting up my home office? Is it true I have to file my tax return as a Kurzarbeiter? Can I actually get a tax refund from the Finanzamt or pay increased taxes?” We hear you. And we want you to have the right answers to Kurzarbeit, home-office […]
From a tax perspective, bitcoins and other cryptocurrency are not considered currency or income from capital assets. Instead of paying withholding tax on the profits, it is a private sales transaction. If there are taxable gains on the sale, they are subject to your personal tax rate. The tax office takes a close look at […]
Subletting via internet platforms is a quick way to earn money. Income from Airbnb, Wimdu and similar online rentals is often taxable. Find out what you have to pay attention to.
Families with children have access to child benefit (Kindergeld) and child allowance (Kinderfreibetrag). The tax office can calculate which tax variant is more favourable for you when submitting a tax return. You can also discover the tax breaks available to families with children to survive the COVID-19 pandemic.
If you moved to Germany or away from Germany during the tax year, we are excited to announce that we have created a simple solution for filing your tax return!