This year you shouldn’t put off tax equalization unnecessarily, because more money beckons with several new products.
Every year, taxpayers can get money back from the state with the so-called employee tax assessment. But many shy away from the bureaucratic effort and do not do it at all. It would be particularly worthwhile this year, as a report from “Upper Austria Today” shows.
Tax equalization: More money with family bonus and commuter allowance
For families with children, for example, there is the so-called Family Bonus Plus. It was increased to 2,000 euros per child. The commuter allowance is also part of the tax equalization. This has been increased by 50 percent since May of the previous year, and the commuter euro has even quadrupled.
Advertising costs often cause ambiguity
There are often ambiguities with the so-called advertising costs. According to tax experts from the Upper Austrian Chamber of Labour, this includes things that have been incurred for work but have not yet been taken into account by the employer, such as training costs and things for the home office. Incidentally, you do not have to send receipts and documents to the tax office immediately, they would contact you if necessary.
If you want to do the tax equalization, you have three options: using the form yourself or via FinanzOnline, or automatically by the tax office. Those who carry out the employee tax assessment themselves are usually better off.