General

Not all taxpayers are obligated to file tax returns. Nevertheless, 9 out of 10 taxpayers receive a refund when filing a tax return. We discuss what’s the average tax refund you can expect and what you need to bear in mind.

Aug 18, 2022 | by Pooja Ghosh

#Save Money

Interest on Your Tax Returns: Paybacks & Profits

Your tax return may bring you more than just a refund. Tax returns that are under review and not yet finalised can lead to charges or ‘profits’ through interest. A new ruling has changed the interest situation.

Aug 18, 2022 | by Pooja Ghosh

#Save Money

10 Reasons to Use Taxfix: The Tax Filing App That Simplifies Lives

Many people avoid filing taxes. The reasons are numerous: Dealing with tax receipts is no fun. Tax forms are complicated. Tax returns are time-consuming and soul-crushing. It’s a pity. An estimated 500 million Euros of hard-earned money are retained by the tax authorities every year, thanks to the fear of filing taxes.

Aug 18, 2022 | by Pooja Ghosh

#Save Money

How Your Adult Children Affect Your Taxes

What happens to your tax situations when your children become adults? Be it child benefit, first vocational training, or voluntary military service — there are plenty of changes to track. In this article, we have all the essential information about tax-filing when your children are all grown up.

Aug 18, 2022 | by Pooja Ghosh

#General

The Simplified Tax Return

The simplified tax return or ‘vereinfachte Steuererklärung’ is designed specifically for employees without special expenses and incomes. It greatly simplifies the tax filing process. So who qualifies for such tax returns? Read on to find out!

Aug 18, 2022 | by Pooja Ghosh

#General

Retroactive Tax Returns: How you Can File Them

If you’re a mandatory filer, you can submit your tax return retrospectively—up to four years later. For example, if you have not yet submitted your tax return, now is your chance! Here’s how to do file retroactively without missing the deadline.

Aug 18, 2022 | by Julian Schwarzmann