Financial Equalization 2024: How to Get 1,000 Euros Back from the State

Since the beginning of the year, taxpayers can submit their employee assessment for the year 2024. Particularly attractive: The average credit for own application is around 1,000 euros per person. It is important to know that the amount can decrease from July due to the application-free assessment.

Tax Adjustment 2024: High Demand for Consultation

The Chamber of Labour is recording a particularly high demand for consultation appointments for tax adjustment this year. With the "Tax Extinguisher", the Chamber of Labour is again offering support for the assessment in all federal states from March. A prior appointment is required.

Digital Tools Facilitate Employee Assessment

The new tax adjustment calculator allows an online calculation of the expected credit. Based on personal information, calculations are carried out and comparative values are used. The processing of applications by the tax office begins at the end of February, after the submission of the annual wage slips.

New Benefits for 2024

The year 2024 brings further advantages through valorisations of the deductible amounts and an increase in the family bonus. These innovations can be claimed for the previous calendar year, which could lead to higher tax credits.

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