Have you bothered with a new tax return? Travel and income expenses, household deductions, and new dates for tax refunds and residual taxes have amazed many.The tax administration says the renewed tax return has already caused an avalanche of questions to its customer service.
- The look of the tax return was renewed this year and the pre-filled tax return coming home is now just a printout of the tax information.
- A home tax return will now be filed online. If you want to report tax information on paper, you must print separate forms for this.A home tax return will now be filed online. If you want to report tax information on paper, you must print separate forms for this.
- A home tax return will now be filed online. If you want to report tax information on paper, you must print separate forms for this.
The tax administration is now answering the most common questions about the new tax return.
The tax return shows that I got bumps. Can I still influence the amount of residual tax?
You can if you report deductions. If you have expenses that qualify for tax deductions from last year, the Tax Administration recommends that you report them in tax. Expenses eligible for tax deductions are most typically travel expenses, expenses for the purchase of services qualifying for a household deduction, or expenses for obtaining income.
The tax return does not need to be accompanied by statements or receipts. Fill in the required information in the fields provided for them, either in tax or on a paper form. If the tax authorities need more information, they will ask for it separately. Receipts and receipts must nevertheless be kept for six years after the end of the tax year.
When do I get a tax refund or pay my residual tax?
Most personal customers will receive their tax refunds on August 6 this year. If the residual tax becomes payable, most of it will have its first due date on August 1st.
If you make your own or your spouse makes additions to your tax return, the tax return date or residual tax due dates will be postponed until the fall. In this case, you will receive a new tax decision. The decision also shows the new tax refund payment date or residual tax due dates with payment information. The tax refund is paid and the first installment of the residual tax is due in December at the latest. Using the income tax calculator is essential under the situation.
What is the deductible for travel expenses or household deduction?
The deductible for travel expenses between home and work is 750 euros. After deductibles, travel expenses may be reduced by a maximum of EUR 7,000. Travel expenses are deducted from the earned income you have received during the year. Thus, the deduction is not made directly from taxes, but travel expenses reduce the amount of taxable earned income. In the Vero.fi service, you can test whether travel expenses can be reduced according to your own car or public transport.