- Germany edition
- Change edition:
- France |
- Norway |
- Spain |
- Sweden |
- Switzerland
Tax payers 'could save up to €240' in 2013
Published: 4 Jan 13 10:25 CET | Print version
Online: http://www.thelocal.de/money/20130104-47133.html
Germans could pay up to €240 less in taxes in 2013 if planned government changes come into force, a newspaper reported on Friday.
- Boy dies at Tropical Islands swimming pool (19 May 13)
- Christian Democrats set up political donation ATM (17 May 13)
- Holiday travellers face traffic trouble (17 May 13)
Thanks to the healthy state of the country's national pension pot, employees may well find themselves paying less into it this year. The government is planning on reducing monthly contributions from 19.6 percent to 18.9 percent of a person's wage.
This, if passed, could see an unmarried person earning €3,400 per month saving €185 in taxes each year. A married couple with two children could save €200.
The full effect will not become clear until April, when changes will be given the go ahead and come into force.
Potential upcoming reforms could, Hechtner said, also benefit lower earners by €100 per year. Currently, Germans may earn up to €400 per month without paying taxes but this figure should rise to €450 over 2013. Those earning up to €850 per month should pay reduced taxes.
But as Hechtner explained, although pension contributions may drop, Germans could find themselves paying slightly more in nursing care insurance. This is set to rise from 1.95 percent of a person's monthly wage to 2.05 percent.
Initially suggested tax reforms by the ruling Christian Union and Social Democrat coalition were rejected by the Social Democrats, who hold a majority in the Bundestag upper house of parliament. If they had been passed, middle earners could have been paying up to €350 less in taxes 2013.
The Local/jcw
What do you think? Leave your comment below.
Economists warn against German euro exit
While a third of Germans would rather pay with the old Deutsche mark than the euro, economists warn that a German exit from the currency union would result in a disaster. READ () »
Germany cool to France's EU economy plan
Germany said Friday that French President Francois Hollande's proposal for a eurozone economic government was "interesting" but reacted coolly to his call for strengthened European budgetary powers. READ () »
Au pairs rules relax for non-German families
Foreign families will soon be able to officially engage au pairs from outside the European Union, as long as they speak German at home, as the government prepares to change the law. READ () »
Germany refuses to slam French economic policy
Germany will not publicly criticize France over economic policy, German Finance Minister Wolfgang Schäuble insisted on Thursday, amid differences between Berlin and Paris over growth versus austerity in battling the eurozone debt crisis. READ () »
Capri-Sun drink wins false advertising award
A German food industry watchdog singled out drinks-maker Capri-Sun for its annual advertising "award" on Thursday, for what the group described as "shameless" marketing of sugary drinks to children. READ () »
Anaemic economy feels winter chill
The German economy, Europe's biggest, clocked up anaemic growth at the start of 2013 as the freezing winter weather put the brakes on activity, official data showed on Wednesday. READ () »
ThyssenKrupp bins 3,000 admin jobs
German heavy industry giant ThyssenKrupp said on Wednesday it plans to axe 3,000 administrative jobs worldwide as disastrous investments in steel operations overseas tore holes in its balance sheet in the second quarter. READ () »
Pay deal for metal workers averts strike
Germany's powerful union IG Metall agreed a pay deal with the metal industry's employers association early Wednesday, averting the threat of a major strike. READ () »
First ever strike hits Amazon's German unit
German employees of Amazon staged their first-ever walkouts on Tuesday as the US internet retail giant was hit by a dispute over pay. READ () »
Volkswagen plans giant car plant in China
German auto giant Volkswagen will build a plant in central China, a spokesman said Tuesday, as it battles US rival General Motors to be the top foreign automaker in the world's biggest car market. READ () »
- 13/05 Germany launches new job creation drive »
- 10/05 German giants dazzle Dax »
- 10/05 Netto pioneers mobile phone payments »
- 08/05 Court: gay and straight tax breaks must match »
- 08/05 BMW recalls 22,000 cars over airbag fault »
- 07/05 France tells Germany: we need growth too »
- 07/05 Germany 'lags behind on organic farming' »
- 06/05 Painter Baselitz raided in tax avoidance move »
- 06/05 Lufthansa hits turbulence over top job choice »
- 03/05 Most would increase tax on the wealthy »
See all ads | Join the Marketplace
-
Chambervelt Rooselain & Cie Ltd.
Insurance and financial planning for English speakers in Germany -
British Corner Shop
British Corner Shop - The online supermarket for expats -
Shiply Worldwide Ltd
Shiply the Online Transport Market Place -
Weiss Institut
Free yourself from Smoking addictions, Sugar craving and Alcohol addictions -
PsyShrink Frankfurt
The Expat Psychologists in Munich, Frankfurt and worldwide -
PsyShrink Munich
The Expat Psychologists in Munich, Frankfurt and worldwide
784 jobs available
592 new jobs this week
89 new jobs today
- IT Systems Analyst (AO-86)
- European Recruitment Consultant (m/w)
- International Sales Manager / Turkey
- Translator - native English speaker with German as first foreign language
- Junior Quantitative Anaylst (Front Office/Commodity Trading)
- Environmental Health & Safety Coordinator (m/f)
- Manufacturing Engineer for Body Shop, Assembly & Logistics
- Chemical Plant Manager
- Customer Technical Service Representative
- Technical Manager Software Engineering
- 17/05 Solna voted best place to live in Sweden »
- 17/05 LinkedIn profile lands Swede with hefty tax bill »
- 16/05 India in no rush to open first Ikea store »
- 16/05 H&M CEO to Bangladesh: raise minimum wages »
- 15/05 Pensioners to recruit ageing Swedish rockers »
- 15/05 Sweden plummets in income equality ranking »
- 15/05 Swedish shop hits back: our Converse are real »
- 15/05 Young Swedes forced to live with mum and dad »
- 14/05 Converse in bid to ban 'fake' shoes in Sweden »
- 13/05 Nordea tracked clients in secret 'black book' »
- “Preserve the proven, shape the new” – the International Bach Academy in Stuttgart
For more than thirty years, Helmuth Rilling shaped the international Bach Academy; now he is succeeded by Hans-Christoph Rademann. - ‘Open Mike’ – Fireworks with the Buddha
The Berlin ‘Open Mike’ entered this year its twentieth edition. - On the Stage, the Spoken Word Prevails
In January 2013 the annual meeting of the Dramaturgical Society took place in Munich; its theme: “Speaking on Stage – and about Theatre”... - The Magician of Images – Klaus Ensikat
With the technique of an Old Master and subtle humour, the award-winning graphic designer and illustrator Klaus Ensikat has for fifty years produced ingenious illustrations for literary classics and children’s books.... - A Picture Every Day – Philip Waechter
Philip Waechter, son of the famous illustrator and cartoonist Friedrich Karl Waechter, is one of the best-known contemporary writers and illustrators of children’s books....
- Theatre festival between the Saar and the Mosel
The Festival Perspectives in the German-French region around Saarbrücken is staging European theatre, dance and music productions. - The European Year of Citizens
2013 is the European Year of Citizens. - Europe Day, Robert Schuman and Class 4a
Enthusiasm for the idea of Europe – in the 60th European Competition, schoolchildren from Germany show what this could look like. - Relief organizations
The portals presented here provide information on the help programs offered by different organizations.
- Analyst Predictive Maintenance
- Grid Modeling Expert - Stellenausschreibung TenneT
- Market / Business Intelligence Leader
- Account Manager Inbound Sales
- Business Development Manager
- Business Manager Pls
- Clinical Project Physician Clinical Development Biosimilars
- Education Program Manager
- Global Technical Consultant EMEA Automotive/Tire
- Partner Relationship Manager (Mobility) - Central/Eastern
- 17/05 paid internship
- 17/05 Florida resident seeks job in baden Baden Germany
- 17/05 Berlin Writing Group
- 17/05 cheap car hire
- 15/05 Queen size bed & frame
- 15/05 Feste Stelle
- 08:48 Tax return for non-Kleinunternehmer self-employed
- 08:14 A question of science...
- 08:04 Working from home in Germany: pros and cons
- 07:55 Raining again , will it ever end?
- 06:58 Hit a bicyclist with my car at a crossroad
- 05:58 Chess players in Munich
- 04:23 Divorced stay-at-home mums
- 01:20 Using a Dutch bank account & card in Germany
- 00:50 South Africans in Munich
- 00:12 What is one of these called?
Start trading shares, equities, forex, etc. No commission on equities; Low min. margins. Apply for a CFDs account now!
'Charming, old, beamed cottage for holiday let in Jesus Pobre, Alicante, Spain
www.littlehouseinspain.com/
Professional and qualified consultancy on all insurance and finance matters in Germany, Telephone: +49 2163 571 1740, Email: bg@albatross-assurance.com
www.albatross-assurance.com
Visiting Berlin anytime soon? Book your hotel in Berlin here.
For home-from-home holiday accommodation, search for a Berlin apartment to rent.
Your comments about this article:
Also, am paying every year app 32000 euros in taxes, and those guys make a big deal of maybe saving 150 euros ie 0.46%? Lol
Also there is a article here today about more austerity measures needed in Germany ,you can't have it both ways unless as many believe the ruling parties are reverse Robin Hoods stealing from the poor to give to the rich.