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Child bonus: low-wage earners benefit particularly - paid out to parents in May

2021-04-22T15:23:50.044Z


The child bonus of 150 euros per child is to be paid out in May. Ultimately, however, not all parents can keep the bonus in full.


The child bonus of 150 euros per child is to be paid out in May.

Ultimately, however, not all parents can keep the bonus in full.

The

child bonus of 150 euros

per child

benefits many families in Germany.

The child bonus * is

to be

paid out

in most cases

in May,

as reported by the

German press agency

.

And

automatically without an application

.

The 

payment

 is made 

a few days after the regular child benefit

payment

.

For children who are or were entitled to child benefit before or after this year, the child bonus will be paid out at a later date, as the report also said.

Also read

: One euro, two euros or more?

This is how much pocket money your child should currently get

Corona child bonus is offset against child allowance

According to Family Minister Franziska Giffey (SPD),

more than ten million families

receive

the

Corona child bonus

.

Ultimately, however, can not keep the bonus completely all parents: When

control

it, as well as child benefit,

the child tax credit

offset.

In general, one can say:

the higher the income, the less is left of it

.

You can also read

: Tax arrears after short-time work - who is affected by it

Child bonus not counted towards Hartz IV - especially low-wage earners benefit

On 

the other hand, the child bonus is not offset against

Hartz IV

 and the

advance maintenance

payment

, so

low-wage earners

benefit most from it.

Also read

: Is ETF savings plan worthwhile for children?

What you should know

Child bonus comes up to this gross annual income

Which families at least partially benefit from the child bonus?

Wiwo.de

reports 

 specifically: "Spouses only benefit

from the new 

child bonus

up to a 

joint gross annual income of around EUR 75,000 per year,

 at least in

part

,

 for 

single parents

 the limit is an annual income of

EUR 37,500

." According to the report, these values ​​relate to this on the taxable gross income. By taking into account pension and health insurance contributions for tax purposes, the exact gross limit could be a little higher in individual cases.

(ahu) * Merkur.de is an offer from IPPEN.MEDIA.

For further reading

: Who really benefits from the child bonus - tax experts explain

With these seven tips you can save a lot of money in everyday life

With these seven tips you can save a lot of money in everyday life

List of rubric lists: © Marcel Kusch / dpa (archive image)

Source: merkur

All life articles on 2021-04-22

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