Tax advisor Jurgen Dieter grainy informed In the year 2011, the German legislator with the tax simplification Act 2011 plans a number of changes to the German tax system. The changes associated with this project to the taxpayer of the Mannheimer informed tax advisor Jurgen Dieter grainy. The year’s tax simplification law will enter into force largely on January 1, 2012. However some tax relief will become already, retroactively effective announcement date, in the course of this year. As already puts the name of the law, plans to the Federal Government by the tax simplification Act, to reduce the administrative burden within the financial management and to save up to 4 billion euros. Taxpayers also should benefit from these savings. You are relieved each year to approximately 600 million euros. In particular, especially following tax changes are interesting for the taxpayer: the workers standard amount is increased to 1000 euros.
Employers can use the 80 Euro apply increased amount from December of this year. A noticeable tax relief will result but not this. In the best case workers with low advertising costs be can save about 4 euros per month. For commuters who alternately use the car and public means of transport to get to work, the competent tax authorities will determine in the future throughout the year, whether the distance allowance or the actual ticket prices are fiscally cheaper. Child care costs must be discontinued by 2012 without distinction as advertising costs or costs of the tax. Parents will receive in the future independent child benefit and tax credit for adult children their incomes. Were taxed private investment income over the flat tax, they must no longer be used starting next year for control auxiliary calculations.
Be living cheap rented out to members, advertising costs are future already starting from a rental exceeding two-thirds of the local level deductible. Private taxpayer may emit either from 2012 on a two-year schedule of their tax returns. Based on the current plans for the tax simplification Act of 2011 shows to what extent the German tax law is influenced by the economic and policy objectives of the Federal Government. The continuing changes in tax provisions are hardly to understand inexperienced persons for tax and require the advice of a tax professional, to achieve a maximum tax savings. On many years experience in the changing German tax law looking back, know the Mannheim tax advisor Jurgen Dieter grainy effectively in the interests of his clients to take advantage of the current tax rules and will do this gladly help and advice available. Press contact Steuerberater Jurgen Dieter grainy o 4, 5, 68161 Mannheim Tel 0621 10069 fax.