If you wish to file a tax return or are legally required to do so, you must submit it to the local tax authorities at the end of the tax year, i.e. December 31. The deadline to file the tax return is usually July 31 and is automatically extended until February 28 of the second year after the tax return has been prepared by a tax professional. As a general rule, the income tax return must be filed no later than July 31 of the year following the year in which the income was earned. If you seek the help of a tax advisor, the date of your tax return will be extended to December 31. In certain circumstances, this date may be extended until February 28. Penalties and interest may be charged if the tax return is submitted late. If you have not submitted a joint tax return, but would like to benefit from all the tax advantages for married couples in Germany, you should contact Taxback.com. We can file and amend your tax return, which can be beneficial for you and your spouse.
This is a document detailing whether you should expect a refund – if you are reimbursed, it will be paid directly to your bank. If you only have employment income, you can file your first tax return without a tax number. The tax office will then automatically issue you one and inform you. You must use this tax number in subsequent years, unless your situation changes (moving to another address, changing marital status, income from other sources, etc.). However, if you want to claim allowances or a refund of overpaid taxes, you must file a tax return. Landlords must file a tax return showing the amount of rent they received during the year. In addition to the rental tax, you may have to pay a solidarity surcharge of 5.5% on rental income. If you`re struggling to imagine how all of this will affect your income, a German tax calculator can give you a good idea of how much money you`ll take home each month. To get an idea of how much income tax you have to pay, you can use this income tax calculator.
At the end of a calendar year, you can have the state check if you have paid too much income tax. To do this, you submit your tax return to the tax office and indicate how much you earned in the past year and how much tax your employer transferred to the tax office on your behalf. To find out exactly how much tax you pay on your income, you can look at your payroll. Typical deductions you can see on your pay are: Working in Germany means that various taxes are deducted directly from your gross salary before receiving your appropriate salary (net salary). A distinction is made between taxes and social security contributions. Your pay slip will detail exactly how much has been deducted. However, in order to get an idea of the amounts in advance, you can use gross-net calculators on the Internet. An example of how to calculate what is deducted can be found in the chart “Earnings in Germany”. Pension insurance in Germany guarantees that you receive a pension after your retirement.
The amount of the pension depends on the amount you have paid into german pension insurance during your lifetime. You are also entitled to the pension of your spouse/life partner if he or she dies before you. The local tax office decides on the category to which a professional activity belongs. Being a merchant or freelancer makes a difference not only in tax matters, but also in other formalities. This can have an impact on how a business or business unit should be structured. Since taxpayers have to pay their income tax throughout the year, once they file a tax return, they may have already overpaid. One. The amount of tax you pay depends largely on what you earn. To file your tax return, you must first know your tax bracket. This should have been assigned to you by the tax office at the time of your first tax return, but depends largely on your marital status.
Your tax bracket will be allocated to you by the authorities based on marital status and other criteria. One. Filing a tax return in Germany can be confusing, especially due to different tax legislation and language barriers. The easiest and easiest way to file your tax return is to use Taxback.com. We can handle the paperwork and negotiate with the authorities on your behalf. This number will be used to identify you by the tax office. Double taxation treaties ensure that no one has to pay twice the tax on the same income. Technically, it would be possible for someone to be taxable in two countries – for example, if you are a cross-border commuter. You are obliged to pay property tax when you buy a house in Germany. This single tax applies if a property with a value of more than EUR 2 500 is transferred from one owner to another. The rate varies from state to state, from 3.5 to 6.5 percent of the property`s value.
The withholding tax on earned income is based on personal status tax brackets. The tax brackets differ essentially within the applicable exemption limit. Married couples are faced with the decision to opt for a combination of classes III/V or IV/IV. In the first case, the high-income spouse receives twice the basic allowance, while the second very low-income employee is taxed. In the latter case, both spouses are taxed on the basis of the standard rate of exemption. The choice of tax brackets only counts for withholding tax and therefore for directly available income. After the assessment of income tax, which takes place a few months after the end of the tax year, the tax refund is not affected by the choice of tax class. In addition, employers are also required to deduct contributions to the social security system at source. Since 2013, every household in Germany has had to pay the broadcasting fee, whether you own a TV or a radio.
The reason for this is that in the modern world, you can still access the content through a computer or phone. As soon as you register your address in Germany, you will most likely receive a letter from the contribution service requesting payment. It costs 18.36 euros per household per month (in 2022), regardless of the number of people who live there. You may be entitled to reduced payments or be exempt if you are receiving benefits, are disabled or if you are a student. .