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Short-time work benefits: That's why a tax return is mandatory for those affected

2021-01-22T13:13:52.229Z


In the corona pandemic, short-time working benefits helped many employees. However, anyone who has received it cannot avoid filing a tax return.


In the corona pandemic, the short-time work benefit helped many employees.

However, anyone who has received it cannot avoid filing a tax return.

Many people received

Corona aid from the state

in 2020 

, many were or are on 

short-time work

.

As far as the

tax return

* is concerned, those affected should know: Anyone who received

more than EUR 410 in short-time work

benefits in

2020

must

submit

a tax return

for the

past year

.

This is what the Lohnsteuerhilfeverein Vereinigte Lohnsteuerhilfe e.

V. (VLH), as reported by the German Press Agency (dpa).

Those affected might also have to prepare for an

additional tax payment

.

Read here:

Corona: Is there a risk of back tax payment in 2021 after short-time work?

Short-time work allowance due to the corona crisis: the tax return is mandatory

Because: The receipt of

short-time work benefits

is subject to the

progression proviso

, as the report goes on to say.

That means: If an employee receives short-time work allowance, this money is

added to his income

at the end of the year to

determine the tax rate

.

The actually

tax-free short-time work allowance

increases the personal tax rate with which the remaining income is taxed, writes dpa.

Although the short-time allowance is tax-free, more taxes are usually due.

Deduct travel costs and expenses related to work from tax

Tip

: According to the report, this can be mitigated by costs such as services and craftsmen's services, pension expenses or donations.

Because these expenses lower the tax burden.

This also applies to advertising expenses, the report says - this includes, for example,

travel expenses and other professional expenses

.

For further reading

:

New depreciation rules for laptops - probably also affecting home offices.

Help with the tax

Tax declaration required?

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

Also interesting

: Using the home office flat rate correctly: This is how it works with the tax return.

Compact tax return: amendments, deadlines and submit retrospectively

Compact tax return: amendments, deadlines and submit retrospectively

This article contains affiliate links.

Source: merkur

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