How to increase tax return in Germany?
To increase your tax return in Germany, you must be aware of your deductions and tax factors. Here are some ways you can additionally increase your tax return.
- Use child allowances: If you have children, child allowance can be used as a deduction and can help increase your tax return.
- Utilize commuting expenses: If you commute to work, you can utilize commuting expenses as a deduction. Commuting costs include mileage, public transport, and other related expenses.
- Use education costs: If you educated yourself during the year, you can use education costs as a deduction. Education costs include tuition, books, transportation costs, and other related expenses.
- Use health insurance costs: If you paid for health insurance during the year, you can use those costs as a deduction. Health insurance costs include monthly premiums, supplementary insurance, and other related costs.
- Utilize transportation costs: If you traveled by public transport during the year, you can utilize transportation costs as a deduction. Transportation costs include train tickets, tram tickets, bus tickets, and other related expenses.
- Utilize home office expenses: If you worked from home during the year, you can utilize home office expenses as a deduction. Home office costs include electricity, internet, phone, and other related expenses.
- Use donation expenses: If you donated money to a charity during the year, you can utilize donation costs as a deduction. This can help increase your tax return and do something good for the community at the same time.
- Utilize government incentives: In Germany, there are various government incentives, such as incentives for energy efficiency or for purchasing electric vehicles. These incentives can also be used as deductions, which can help increase the tax return.
- Consider special tax reliefs: In Germany, there are special tax reliefs for certain groups of people, like single parents, disabled persons, and others. Check if you qualify for any of these tax reliefs and utilize them to increase your tax return.
- Use insurance costs: If you paid for any type of insurance during the year, you can use these costs as a deduction. Insurance costs include car insurance, home insurance, theft insurance, and other insurances.
- Utilize stock tax breaks: If you invested in stocks or funds during the year, you can utilize tax breaks for these investments. This can help increase your tax return and do something good for your future.
- Use work clothing expenses: If you bought work clothing during the year, you can use work clothing costs as a deduction. Work clothing costs include uniforms, work shoes, gloves, and other related expenses.
- Use medication expenses: If you bought medication during the year, you can use medication costs as a deduction. Medication costs include prescriptions, dietary supplements, and other related expenses.
- Check church tax: If you paid church tax during the year, you can utilize that expense as a deduction.
- Use doctor visit travel expenses: If you traveled to a doctor during the year, you can use travel costs as a deduction. Travel costs include mileage, tolls, and other related expenses.
- Check parental maintenance: If you support your parents, you can utilize maintenance costs as a deduction. Maintenance costs include food, accommodation, and other related expenses.
Don't forget that for all mentioned expenses, you need to keep receipts to prove you indeed had them. Without receipts, the tax office will not recognize these expenses as deductions.”
