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Tax Office: How commuters can reduce their tax burden

From the Handelsblatt archive: In view of the high fuel prices, the government is planning relief for motorists. They can already receive a monthly tax exemption from the tax office. Here's how it works.

Translated from German Read in German

Tax Office: How commuters can reduce their tax burden

The German government has not yet announced specific measures to alleviate the burden of high fuel prices on motorists. However, individuals who rely on their cars for commuting to work can reduce their tax liability by claiming expenses as business deductions. Since January, commuters can claim 38 cents per kilometer as a distance allowance, up from 30 cents for the first 20 kilometers previously.

Those who expect high expenses this year can apply for a tax exemption, which would result in a higher net income, by submitting a request to the tax office; this can be done online through Elster or by mail.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

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