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From April: These changes will be noticeable in the wallets of many consumers

2024-03-24T04:23:50.095Z

Highlights: From April: These changes will be noticeable in the wallets of many consumers. As of: March 24, 2024, 5:15 a.m By: Anne Hund CommentsPressSplit The new month brings with it some new legal regulations. What will change in terms of finances from April 2024? The normal VAT rate will apply again for gas and district heating from the new month. And the income limit for parental allowance falls. But there are other changes – an overview: Thenormal VAT rate of 19 percent will apply once again for Gas and District heating from April 1st.



As of: March 24, 2024, 5:15 a.m

By: Anne Hund

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Press

Split

The new month brings with it some new legal regulations.

This doesn't just affect energy prices.

What will change in terms of finances from April 2024?

The normal VAT rate will apply again for gas and district heating from the new month.

And the income limit for parental allowance falls.

But there are other changes – an overview:

The normal VAT rate of 19 percent will apply again for gas and district heating from April 1st.

(Symbolic image) © Patrick Pleu/dpa

Normal VAT for gas and district heating

The normal VAT rate of 19 percent is due again on gas and district heating from April 1st.

To ease the burden on consumers, the rate of 7 percent temporarily applied.

Cuts in parental allowance

The income limit for parental allowance will change for births from April 1, 2024.

Parents who stay at home after the birth of a child are entitled to parental allowance up to a taxable annual income of 200,000 euros.

This limit is also planned for single parents.

If both parents stay at home at the same time, it is only possible to receive the so-called basic parental allowance at the same time for a maximum of one month and within the child's first twelve months. 

Germany ticket for students

At the beginning of the summer semester, students at many universities receive a discounted Germany ticket for 29.40 euros per month and can use buses and trains nationwide.

However, some universities are not yet participating or not participating at all - for example where the current semester ticket is cheaper.

Qualification money

Companies and employees should be given greater support because of the structural change: from April 1st, training money will be used as a wage replacement.

This means that employees in affected sectors can be released so that they can complete further training and at the same time keep their jobs.

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Mobility grant for trainees

Trainees whose company is far from home can receive a mobility grant from April.

In the first year of training, two family trips home are taken care of per month.

Would you like valuable money-saving tips?

Merkur.de's “Clever Save” newsletter always has the best money-saving tips for you every Thursday.

Shorter return times on Amazon

Amazon shortens the return period for certain products from 30 days to the legal minimum of 14 days.

The rule takes full effect from April 25th.

Cameras, computers, other electronic devices and video games are among those affected.

Numerous drivers could also experience an innovation at the gas station from spring onwards.

(With material from dpa)

Source: merkur

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