Bureaucracy

Your 2020 German taxes: what to watch for

Thanks to corona, Germany has come up with some new tax rules - and laxer deadlines.

okb/Sabine Meuter dpa
1 Min
Play it smart and your can save on your 2020 taxes.

Play it smart and your can save on your 2020 taxes.

© dpaMonika Skolimowska

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The filing deadline this year is 31 July. Because that's a Saturday, the Finanzamt is giving people until 2 August to get everything submitted.

For those who use a tax advisor, the deadline is the end of February 2022.

Since a lot of people received short-time allowance (Kurzarbeitergeld) in 2020, more employees are obliged to file a tax return than usual. Anyone who received more than €410 in "wage replacement benefits" has to file. Parental and unemployment benefits also count as "wage replacement benefits".

Here's what else you need to know:

Higher tax-exempt amounts

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"Home office" allowance

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Short-time work allowance

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Other allowances

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