That is how much child benefit there will be from 2021 - and what about taxes?

More child benefit and less taxes - this should give families financial strength.

But not everyone benefits equally.

That is specifically planned.

Corona: More child benefit from 2021 - this is how the child benefit increases from January

Update from November 3rd, 2020:

Many families can

.

After a plus of 10 euros last summer, there should

.

This was decided by the Bundestag on October 30, 2020.

According to a report by the German Press Agency,

means

for

.

Specifically, the child benefit for the first and second child is to increase to 219 euros per month from January 2021, for the third child to 225 euros and from the fourth child to 250 euros

, as dpa reported.

In addition, the

tax

should be

increased by more than 500 euros to 8,388 euros.

Parents should know that

: You can either use

or

, as the report goes on to say.

The tax exemption reduces

and is therefore particularly worthwhile for

.

The tax office checks which help brings more for which family.

You can also read:

Relief for families in the corona crisis, but also criticism

Families had it

particularly difficult

in the past few months of the

.

That is why the Bundestag had already decided on a child bonus for the time of crisis.

The increase in child benefit will now also help, emphasized the Union and the SPD.

Meanwhile, the opposition criticized, according to the dpa, that the

relieve families who do not have to.

Families with very low incomes, on the other hand, would not benefit at all because the child benefit is offset against Hartz-IV.

Also read:

Taxpayers: Financial relief not just for families

But not only families should be relieved.

What about income tax?

Whether parents, couples or singles - all

will be financially relieved in the coming year, as the report also says.

The

tax-free allowance, on which one does not have to pay taxes, will be increased from 9,408 euros to 9,696 euros.

The limit from which the 42 percent top tax rate is required will rise from 57,052 euros to an annual income of 57,919 euros.

A further increase in these income limits is planned for 2022.

According to calculations by the taxpayers' association, for example,

with a monthly gross of 2,500 euros would save only 6 euros per month, reports dpa.

In a family with two children, a

single

with a monthly income of 6,000 euros would also save around 15 euros per month - but here at least the higher child benefit is added.

Among other things, the

, as the report also says.

The

care fee for the two highest care levels will therefore be increased to 1,800 euros per year and thus almost doubled.

For the lower care levels two and three, which have not previously been considered, a lump sum of 600 and 1,100 euros respectively will be granted in the future.

According to estimates by the Ministry of Health, more than half a million people could benefit from this, as reported by the dpa.

Child benefit is to increase from 2021 - Bundestag deliberated in September

Update from 09/17/2020:

Families * should be financially relieved in 2021 as planned.

On September 10, 2020, the Bundestag discussed the so-called

Relief Act

for the first time

, as the German Press Agency (dpa) reported: It provides for an

from January by 15 to 219 euros for the first and second child.

In addition, higher tax exemptions are planned.

In their coalition agreement at the beginning of their reign, the Union and the SPD had agreed to increase child benefit by a total of 25 euros.

The

of 10 euros was in July 2019, and on January 1, 2021, another 15 euros will be added.

For the third child, the child benefit increases to 225 euros and for the fourth and each additional child to 250 euros.

You can also read

At the same time, according to the draft law,

who do not benefit from child benefit will

, as dpa also reported (as of September 10).

The

increases by more than 500 euros to a total of 8,388 euros.

This part of the income is not taxed.

The basic income tax allowance should also increase from 9,408 euros to 9,696 euros, which in turn benefits all incomes.

This is also part of the income on which no taxes are due.

You can also read:

These are the plans for child benefit in 2021

Article of 07/30/2020:

The government wants

continue to relieve the corona crisis financially: Next year the monthly to

to

as ZDF.de reported.

This is a central component of the so-called Family Relief Act, which the cabinet passed on July 29, 2020.

Child allowance will be increased

According to the draft law, families are also to be relieved of taxation: The child allowance is

, reports the news portal.

Federal Finance Minister Olaf Scholz (SPD) said the goal was to strengthen families and children.

According to him, families should be relieved of a total of twelve billion euros annually.

: Parents can also claim childcare costs for tax purposes *.

Read here: The

This is how much child benefit should be from January 1, 2021

An increase in child benefit by 25 euros had already been agreed in the coalition agreement in 2018, ZDF describes the project.

After the increase of 10 euros in July 2019, another 15 euros should be added by January 1, 2021.

The

recently

decided.

Also read:

Higher basic allowance planned from 2021 - taxpayers should be relieved

All taxpayers should also be relieved of income tax, reports the ZDF.

The

tax-free allowance

on which no taxes have to be paid, will be increased

for the coming year

.

The limit above which the 42 percent

required increases from

A further increase in these income limits is planned for 2022, writes the portal.

According to the report, the cabinet also decided on July 29 to increase the flat-rate allowances for the disabled and further tax relief for family carers.

However, all changes would first have to be approved by the Bundestag and Bundesrat. 

Source: ZDF.de

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Parents can look forward to the first installment of the child bonus from September 2020.

But opinions are divided about the amount of financial aid.

All information is available here *.

Help with the tax

Taxable?

Appropriate control software (promotional link), in which the individual steps are clearly explained, can be of great help.

Compact tax return: changes, deadlines and submit retrospectively

Compact tax return: changes, deadlines and submit retrospectively

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List of rubric lists: © Bernd Wüstneck / dpa