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Business expenses: As an employee, you can deduct this from tax 

2021-11-17T07:46:04.985Z


Business expenses are those expenses that you incur as a result of your work. You can find out what you can deduct from the tax here.


Business expenses are those expenses that you incur as a result of your work.

You can find out what you can deduct from the tax here.

The tiresome subject of tax returns: Almost no one likes to do them - although there are immense sums of tax refunds. For example, specifying income-related expenses in the tax return offers enormous tax-saving opportunities *. The tax office automatically takes 1,000 euros into account with regard to the income-related expenses for each employee.

However, if you have spent more than 1,000 euros, you can get back any taxes you have paid too much by providing detailed information in Appendix N of the tax return,

as the

Finanztip.de

portal

informs you.

But what actually falls under the term “advertising expenses”?

All costs that you incur in connection with your professional activity and that are not reimbursed tax-free by your employer fall into this category.

This includes expenses such as work equipment, relocation or training.

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Employees can expect that much Christmas bonus in 2021

+

Costs incurred through professional telephone calls can also be deducted from the tax.

© Emma Innocenti / Imago

Overview of business expenses that you can state in the tax return

You don't know which business expenses are tax deductible?

According to the

Lohnsteuer-Kompakt

and

Finanztip

portals, it is worth

documenting

the

expenses for the

following items in

order to include them in the tax return:

  • Work equipment

  • Workwear

  • Union dues and dues to other professional associations

  • ride costs 

  • Application costs

  • Travel expenses and additional meals

  • double housekeeping

  • PhD and habilitation costs 

  • Costs for a celebration (if this was at least partially due to work)

  • Driver's license (if this is important for the job)

  • Home office (as part of the home office flat rate)

  • Account management fees (pro rata)

  • Costs for the credit card, if it is also used for work

  • Master's examination

  • retraining

  • Moving (if it was necessary for work)

  • Telephone costs

  • Etc.

(jg)

* Merkur.de is an offer from IPPEN.MEDIA.

List of rubric lists: © Emma Innocenti via www.imago-images.de

Source: merkur

All life articles on 2021-11-17

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