First class tax
Introduction to taxation class 1
Expatriates living in Germany may be subject to German taxes, especially if their income is derived from Germany. The tax scheme in Germany is similar to that of other western countries. Throughout the year, you pay income taxes, which are normally deducted from your paycheck by your employer. Adjustments are made towards the end of the year to account for any future underpayments or overpayments.
(Exciting news: Starting in 2021, the “solidarity surcharge” will be abolished for 90% of taxpayers.) Depending on their wages, it will be decreased for another 6.5 percent of taxpayers. The surcharge will continue to be charged in full by the top 3.5 percent of earners.)
Germany, like many other nations, provides a wide range of deductions that can minimize taxable income. Children under the age of 18 (or under the age of 27 if still in school and unemployed), designated insurance premiums, charitable and political donations to German organisations up to certain thresholds, and unavoidable exceptional expenditures exceeding a certain amount are all eligible for deductions (such as illness).
First class tax solutions
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Before moving to Germany, it’s a good idea to familiarize yourself with the taxation system; this will be especially important for those who will be working there. Income tax and social security payments, as well as solidarity tax, VAT, and church tax, are the most common taxes in Germany.
We address the most frequently asked questions, such as “What is the income tax rate in Germany?” “How do I measure the taxable amount?” “What is a tax refund and how do I apply for one?” and provide more information on the various tax forms and grades, in the sections below.
Income tax is money deducted from the gross earnings and charged to the government. Your employer will subtract any taxes owed from your gross salary and pay them to the German tax office on your behalf. Any social security payments will also be deducted from the employer.
Income tax was first enacted in some form in Ancient Egypt. In Europe, income tax was first implemented in the 18th century, typically when a nation wanted to finance a war. The German word for tax is Steuer, which means ‘duty’ in one context, which makes sense given that individuals are required to contribute to national public funding.
First class tax relief
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