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
Updated on 11/27/2020:
The
child support
as planned in the new year
increased by 15 euro
.
As the German Press Agency (dpa) reported, the Federal Council approved the so-called Second Family Relief Act on Friday.
Accordingly, from January there should be 219 euros per month for the first and second child instead of the previous 204 euros.
For the third child, the child benefit increases from 210 to 225 euros and from the fourth child onwards there will be 250 instead of 235 euros per month, as dpa writes.
At the same time, the child allowance and the allowances for the care, upbringing or training needs of children will be increased.
According to the report, they increase together by more than 500 euros to 8,388 euros.
Parents do not have to pay taxes on this amount of income.
Parents benefit from either child benefit or child allowances.
According to the report, the tax exemptions are particularly worthwhile for high earners.
When calculating the tax, the tax office automatically decides which variant is more advantageous for the parents.
In addition, according to the dpa, the basic tax allowance - i.e. the portion of the income on which no taxes have to be paid - is increased for all income.
It is expected to rise to 9,744 euros in 2021 and further to 9,984 euros in 2022.
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Child benefit will be increased in 2021 - that's planned
Update from November 3rd, 2020:
Many families can
look forward to
more child benefit from 2021
.
After a plus of 10 euros last summer, there should
be another 15 euros more per month from 2021
.
This was decided by the Bundestag on October 30, 2020. Calculated over
the year,
according to a report by the German Press Agency,
this
means
360 euros more
for
a family with two children
.
Specifically, the child benefit for the first and second child is to rise 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
child
tax
allowance
should be
increased by more than 500 euros to 8,388 euros.
Parents should know that
: You can either use
child benefit
or
child allowance
, as the report goes on to say.
The tax exemption reduces
income tax
and is therefore particularly worthwhile for
high earners
.
The tax office checks which help brings more for which family.
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Relief for families in the corona crisis, but also criticism
Families had it
particularly difficult
in the past few months of the
corona crisis
.
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
higher allowances
relieve families who do not need it.
Families with very low incomes, on the other hand, would have absolutely nothing of it because the child benefit is offset against Hartz-IV.
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Taxpayers: Financial relief not only for families
But not only families should be relieved. What about income tax?
Whether parents, couples or singles - all
taxpayers
will be financially relieved in the coming year, as the report also says.
The
basic
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, increases 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,
singles
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
earner
with a monthly income of 6,000 euros would also save around 15 euros a month - but here at least the higher child benefit is added.
Among other things, the
care of relatives is to be given greater tax benefits
, as the report also says.
The
flat-rate
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 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 debated the so-called
Family
Relief Act
for the first time
, as reported by the German Press Agency (dpa): It provides for an
increase in child benefit
from January by 15 to 219 euros for the first and second child.
In addition, higher allowances are planned for tax relief.
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
first increase
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.
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At the same time, according to the draft law,
families with higher incomes
who do not benefit from child benefit will
receive tax
relief
, as dpa (as of September 10) also reported.
The
child
tax credit 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.
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Child bonus: that much is really left for single parents
These are the plans for child benefit in 2021
Article of 07/30/2020:
The government wants
families
continue to relieve the corona crisis financially: Next year the monthly to
child support
to
15 Euro
rise
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
to be increased by more than 500 euros to a total of 8388 euros
, 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.
Tip
: Parents can also claim childcare costs for tax purposes *.
Read here: The
300 euro corona child bonus for child benefit will be paid out from now on: When do you have to pay the first installment?
This is how much child benefit should be available from January 1, 2021
An increase in child benefit by 25 euros had already been agreed in the coalition agreement in 2018, the ZDF describes the project.
After the increase of 10 euros in July 2019, another 15 euros should be added by January 1, 2021.
This increases the child benefit for the first and second child to 219 euros per month, for the third child to 225 euros and from the fourth child to 250 euros.
The
child bonus of 300 euros was
recently
decided.
Also read:
Child allowance: To which families is the money paid - and in what amount?
Higher basic allowance planned from 2021 - taxpayers should be relieved
All taxpayers should also be relieved of income tax, reports the ZDF.
The
basic
tax-free allowance
,
on which no taxes have to be paid, will be increased
from 9408 euros to 9696 euros
for the coming year
.
The limit above which the 42 percent
top tax rate is
required increases from
57,052 euros to an annual income of 57,919 euros.
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.
(ahu)
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 *.
* Merkur.de is part of the nationwide Ippen central editorial network
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List of rubric lists: © Bernd Wüstneck / dpa
