The draft law in the Cabinet: families are to be relieved by up to 558 euros in the year

in Spite of the Corona-crisis, strong in the air jerked borrowing of the Federal government to the citizens, once again, a relief. This Wednesday, the Federal C

The draft law in the Cabinet: families are to be relieved by up to 558 euros in the year

in Spite of the Corona-crisis, strong in the air jerked borrowing of the Federal government to the citizens, once again, a relief. This Wednesday, the Federal Cabinet will make the way for the Second family relief act free. Finance Minister Olaf Scholz (SPD) will lead the session themselves, since he represents as a Deputy Chancellor Angela Merkel (CDU), which is in these days in the holidays.

Manfred Schäfers

economic correspondent in Berlin.

F. A. Z.

The first Money for families and taxpayers after the bill for the next year. Unmarried without children 2021 up to 164 Euro more – not in a month, but throughout the year. The calculations of the German tax-paying institution of the taxpayers ' Association show.

A childless Single, earns a gross of 30,000 Euro in the year, one can hope, therefore, to an increase of 77 euros. For families, the relief is slightly larger. On the higher children has money, or for higher income children increased exemption amount. Overall, a single earner with two children, 500 Euro in the year. A Single parent with one child and a gross annual income of 40,000 euros. according to the calculations is 85 Euro a net more in the bag, in addition 180 euros in addition for you to in addition to the children's money

the beginning of the following year to give it to the Second family relief act, again, a correction of the income tax. The citizens are relieved of the wage tax, in a similar order of magnitude as in the year 2021. The increases in the basic exemption amount are identical, with different assumed rates of inflation for the removal of the "cold Progression" hardly.

However, it is planned so far, no further adjustment of child benefit and child allowance. Nevertheless, the Federal government, the taxpayers responded positively to the presentation of Scholz. "It is a good and indispensable reform step, to dampen the cold Progression in the income tax in the coming year," said President of Pure wood, nail of the F. A. Z.

The draft law provides for the basic allowance increase in the income tax beginning in 2021 to € 288 on 9696 Euro and twelve months later, again by the same amount on 9984 Euro. At the same time, other benchmarks of income to be postponed expensive tariff of 1.52 percent and 1.5 percent.

in addition to the 1 to. January 2021, the children will increase to 15 Euro per month. The child amounts in income to be free of increased tax by the equivalent of 576 euros on 8388 Euro. Not least, the maximum amount for the deduction of maintenance payments in the same amount as the basic raises the exemption amount.

Updated Date: 29 July 2020, 01:20

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