Is interest income taxable in Germany? Bank bonuses and interest income in declaration

fill out Anlage Kap Is interest income taxable in Germany

After a fairly long period of interest rate drought, the banking situation has returned to more normal. Interest income began to flow into savings accounts again, and banks began to lure clients with bonuses. What does Finanzamt think about this? In this topic, we will consider when and how to document interest income and bonuses in the German tax declaration.

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Vocational training in Germany – looking for Ausbildung

Have you considered pursuing vocational training in Germany because you can’t find a job in your field and don’t know where to start?
This information will also be useful if your child is approaching 10th grade, and it’s time to decide what path to take. Remember, Abitur, the university admission qualification, can be obtained not only at the gymnasium. Let’s explore what official sources offer us. By the way, a lot.

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All b1 German speaking topics (DTZ, telc b1). Part 2

We continue our all b1 German speaking topics. In the first part we had numerous topics related to family life and everyday life. Now more compact topics dedicated to medicine, healthy lifestyle, sports, work, shopping, pensioners, etc.

Part 1. Oral part of the German B1 exam. Speaking topics

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Deductible expenses for second home for work in German tax return

Are you renting (buying) a second home to spend the night closer to work? This will be called Doppelte Haushaltsführung. There are a number of deductible expenses for second home in Gerrman tax return. Let’s take a closer look at how this is done using the example of an employee. An individual Self-employed can also rent a second home (and write them off as Betriebsausgaben). The principles of deduction will be the same.

It also makes sense to review the rules and restrictions for those who are just thinking about whether or not to take such a job that you will have to rent a second home.

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Changes in Germany 2024. Finance, tax, insurance

We continue to study the changes in Germany 2024. The previous post was rather sad – there they take our money and demand new demands. Let’s see if there will be any compensation in the financial, insurance, taxes and benefits.

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What’s new in Germany in 2024. Mobility, energy, ecology, consumption

Traditional review “What the coming year has in store for us.” Obviously, nothing good, but maybe a couple of positive moments will sweeten the pill. This part is mainly about energy, ecology and consumer news: railways, cars, shopping.

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