As part of its growth initiative, the German government is currently planning to make overtime pay tax-free. The aim of this measure is to ease the financial burden on employees and increase the attractiveness of overtime. But what is the current situation? Current regulations Overtime and its bonuses are currently subject to regular taxation and social security contributions. Exceptions exist for bonuses that
Our client letter is sent out monthly via our newsletter and contains upcoming tax dates as well as all kinds of tax tips and news. For our interested readers, we offer this information here for free download. Topics in January 2025 include: For all taxpayers: Tax treatment of the reversal of a consumer loan agreement For all taxpayers: Automatic exchange of financial accounts is constitutional
Our client letter is sent out monthly via our newsletter and contains upcoming tax dates as well as all kinds of tax tips and news. For our interested readers, we offer this information here for free download. Topics in December 2024 include: For all taxpayers: On effective notification by forwarding to the authorized representative For all taxpayers: On the distinction
The inflation compensation bonus offers employers the opportunity to support their employees with a special payment of up to EUR 3,000 that is exempt from tax and social security contributions. The aim of this measure is to cushion the impact of increased inflation. This regulation is only valid until December 31, 2024, after which payment is no longer possible. Inflation compensation premium: conditions and deadline
Our client letter is sent out monthly via our newsletter and contains upcoming tax dates as well as all kinds of tax tips and news. For our interested readers, we offer this information here for free download. Topics in November 2024 include: For all taxpayers: Extraordinary expenses for accommodation in a shared flat For all taxpayers: On the intention to generate income with
