Higher tax allowance for work-related relocations | life

Who moved for the Job, you can contribute the tax to the cost. The expenditures are recognized as advertising costs. What need to note Rated. Regenstauf, Germ

Higher tax allowance for work-related relocations | life

Who moved for the Job, you can contribute the tax to the cost. The expenditures are recognized as advertising costs. What need to note Rated.

Regenstauf, Germany (dpa/tmn) - A move for the Job can go to the money. The good news is that The tax office may be involved in the cost. Discontinued about spending for furniture transport to sightseeing for trips home or for double rent, can be the pay declared tax assistance Bavaria (Lohi).

sell To the costs incurred, however, it is necessary to record all expenditure and to obtain valid evidence and to collect. For other moving expenses can be recognized in addition, a lump sum.

packages have been increased

This package has increased in 2020: from is since the beginning of March for Singles 820 Euro for Married couples or life partners in 1639 euros. For each child or other relatives in the household 361 Euro to come yet. Previously, the fee amounted to 811 euros for Single, 1622 euros for married couples and each of 357 euros for other members of the household.

So the higher fee can be used, the last moving day this year, at least on the 1. March be like. Period of five years within a period of a further professionally, making your move, be increased to the flat rate of 50 per cent.

Not for private removals

The packages but do not apply for private removals, but only for professionally led. This is for example the case when the travel time between home and work reduced by at least an hour. In the case of private parades, taxpayers can apply the costs for the moving company as a household-oriented services.

Updated Date: 03 June 2020, 06:34

You need to login to comment.

Please register or login.

RELATED NEWS