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Tax return 2022: Help for Ukraine is also worthwhile financially

2022-06-27T12:26:20.263Z


Tax relief 2022: Save a lot of money with a Ukraine donation Created: 06/27/2022, 14:16 By: Jasmin Pospiech Donations help: A good deed can be asserted against the tax office. The tax burden is reduced and you get your money back. For some, the submission of the tax return for 2021 is getting closer. For many citizens it is a necessary but annoying evil. After all, you get the feeling that the


Tax relief 2022: Save a lot of money with a Ukraine donation

Created: 06/27/2022, 14:16

By: Jasmin Pospiech

Donations help: A good deed can be asserted against the tax office.

The tax burden is reduced and you get your money back.

For some, the

submission of the tax return for 2021

is getting closer.

For many citizens it is a necessary but annoying evil.

After all, you get the feeling that there are more serious problems in the world right now.

The Ukraine war, for example, has been raging for months, and even in this country only a few are left cold.

Some get involved by taking in refugees or providing food and clothing, while others donate money.

Very few people know that you can

also deduct your generous donations from taxes

.

Tax relief 2022: Save a lot of money with a Ukraine donation

This applies not only to monetary donations, but also to donations in kind.

These often go to non-profit organizations such as the Red Cross, Caritas, churches, associations or foundations.

Supporting them financially pays off.

Classic

monetary donations

, for example, can be entered as

special expenses

in the tax return, as Christina Georgiadis, spokeswoman for the United Income Tax Aid (VLH), reveals to "Focus Online".

The good thing about it: The recipient of the donation does not have to confirm that you have sent money.

In addition to money, donations in kind such as new clothes or toys for refugees are tax deductible.

(Iconic image) © Maskot/Imago

In order  to make

donations tax

-deductible , you only need simple proof for monetary donations of  up to

300 euros

, such as a cash deposit receipt, bank statement or printout.

However, this does not have to be attached to the tax return.

Better keep it in case the tax office digs deeper.

If you donate more than 300 euros, it is best to have a donation receipt issued.

This must also be available upon request in order to have the special edition recognized.

Tax tricks: How to save money on your tax return

View photo gallery

Donations

in kind

such as clothing, mobile phones, toys or hygiene items can also be deducted as special items.

Take it to a non-profit organization and in return simply have the invoice certified and state the amount on your tax return.

With used things like bicycles or furniture, the whole thing is more difficult.

No general total price can be given here.

First, the condition and market value of the item must be estimated, and you should also have receipts showing the date and price of purchase.

Tax relief 2022: Help people and get money back

But what if you have taken in

refugees from Ukraine

directly?

There are no legal requirements for this.

Nevertheless, financial experts advise claiming the financial expenses for the following things against tax:

also read

Retirement at 63: These cohorts have the most deductions

Tax relief 2022: From July, employees will have more of their salary - not all citizens will benefit

  • Food

  • Hygiene products

  • medication

  • furnishings

  • purchases

You can try to deduct these from your taxes as a donation in kind.

If you provide a room for living, it would be possible to list it like a study and subtract it from the total costs.

Electricity costs, rent, water and energy costs, property tax and garbage fees are proportionally deductible.

If the tax office digs deeper, this can be easily proven, since the people who have been taken in are officially registered in the helpers' homes.

If you are not sure which services you are allowed to deduct from tax, it is advisable to seek advice from wage tax assistance associations or to inquire directly with the responsible local tax office.

Source: merkur

All life articles on 2022-06-27

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