As of: March 1, 2024, 5:55 a.m
By: Momir Takac
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If you don't provide proof of receipts when moving for work reasons, you can get money back with a flat rate.
This will increase from March.
Munich – Moving costs nerves, time and money.
Employees who change their place of residence for professional reasons can rely on support from the tax authorities.
A flat rate that can be deducted from taxable income and thus reduces the tax burden will even increase in March 2024.
The flat rate tax allowance for work-related moves will increase from March
The tax office has set criteria that must be met in order for a move for professional reasons to be recognized:
The
commute (round trip) is shortened
by at least an hour
Returning from abroad
to start a job in Germany
The move avoids having to keep
a
double household
You have to move because the
employer is changing location
They are transferred
by their employer
New employer
The move
improves working conditions
The tax office reimburses costs when moving for professional reasons
The flat rate for moving costs increases in March (symbolic image).
© Thomas Koehler/photo library
If one of these requirements is met, it depends on the individual case.
For example, a move is rarely recognized as being motivated by work if the travel time is only reduced by a few kilometers.
The tax office also looks at the new working conditions individually, writes
Wirtschaftswoche
.
If everything fits, the moving costs can be deducted as business expenses.
It is also possible for the employer to replace them tax-free.
In principle, the following costs can be claimed:
Brokerage fees
30 cents
per kilometer flat rate
for journeys related to the search for accommodation
Repair costs
incurred when moving
Transportation costs
Renting the new apartment
if it is not immediately usable
Double rent payments
for the old apartment, for example with long notice periods
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Documents are essential for the tax return.
If you don't have any proof, you can at least fall back on the flat rate for moving costs.
This flat rate is adjusted annually by the Federal Ministry of Finance.
For moves from March 2024, it increases to 964 euros for those entitled.
Good news given rising energy prices in March.
Previously the flat rate was 886 euros.
For each additional person (child, spouse) 643 euros can be claimed.
The flat rate for moving costs will increase by 78 euros from March
However, these flat rates only apply if you had your own household before the move.
If this is not the case, from March onwards you can only pay a flat rate of 193 euros for moving costs - 16 euros more than before.
The following costs are recognized as other moving costs:
Tips for movers
Renovation and repair of the old apartment
Installation of lamps, curtains and electrical appliances
Installation of the kitchen
Re-registration fees for cars, telecommunications connections and ID cards
Anyone who meticulously collects receipts can save a lot of money.
But even those who don't take it too seriously will be relieved by the flat rate for moving costs.
The only disadvantage: You always have to pay in advance and your expenses will only be reimbursed with your next tax return.
If you change your place of residence for personal reasons, different tax rules apply.
(mt)