Deduct the computer for work from the tax?

There's so much money in it for you

Created: 05/23/2022, 15:36

By: Anne Hund

In the past, immediate depreciation in the year of purchase was only possible if the net purchase price was no more than 800 euros.

© Uwe Anspach/dpa

Even if the PC was more expensive, it can be written off in full in the year of purchase.

What employees should also consider when filing their tax return.

If you have

return as an employee

- as part of the income-related

(Annex N, lines 41, 42).

In addition, digital assets such as

can now be

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

So even if the device cost more than 800 euros.

According to the report, this limit has not been applicable to purchases of computers and the like since 2021.

This means that even high-priced devices are no longer subject to three-year depreciation.

Entrepreneurs could recognize corresponding expenses as operating expenses.

Also deduct other work equipment from the tax

As an employee, you can also claim other

as part of the income-

, as well as the purchased office chair or desk.

Here, however, a single item should not cost more than 800 euros net for the direct deduction, as dpa further wrote.

Employee lump sum increased by 200 euros

There is other good news for employees: as part of the Tax Relief Act, the Bundestag decided on May 12 that the 

for income tax will be increased by EUR 200 

If the taxable income could previously be reduced by EUR 1,000, it will be EUR 1,200 in the future.

This benefits employees who file a tax return.

Deadline for filing tax returns extended

The Bundestag decided on another measure on May 19: Taxpayers will 

Those who make their 

 alone can take their time until

 . 

.

There are also longer deadlines in the coming years.