Must do

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.

Aug 18, 2022 | by Julian Schwarzmann

#Must Do

Nebeneinkünfte: Is Supplementary Income Always Tax Free?

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.

Aug 18, 2022 | by Jana Teuber

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Taxing Severance Payments (Abfindungen): What to Keep in Mind

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.

Aug 18, 2022 | by Julian Schwarzmann

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Do I state unemployment benefits (ALG1) in my tax return?

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.

Aug 18, 2022 | by Julian Schwarzmann

#News

Corona, Kurzarbeit & Tax 2020 – Everything you, your friends and family need to know now

“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 […]

Aug 18, 2022 | by Jana Teuber

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Bitcoin and Tax: Cryptocurrencies in Your Tax Return

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 […]

Aug 18, 2022 | by Jana Teuber