Petrol, gas, groceries – a financially tough year is behind us. It is high time to get money back from the state through income tax adjustment. Why it pays to file the so-called employee tax assessment this year.
The fiscal equalization of the past year can be carried out from 1 March, because the required annual statement will then also be available. “Please note: it makes little sense to implement a tax equalization before this date,” says tax expert Dominique Feigl of the Vienna Workers’ Chamber. The reason? Employers, AMS, health insurance companies: all these authorities must submit a declaration to the tax authorities by 28 February at the latest. Feigl: “If you apply too early, you run the risk that your details are still incomplete. Then the calculation may not be correct.”
But if all data is available, families, low-income earners and commuters in particular will be happy with a few hundred more notes in their wallets this year. The most important innovations at a glance:
Source: Krone
I am Wallace Jones, an experienced journalist. I specialize in writing for the world section of Today Times Live. With over a decade of experience, I have developed an eye for detail when it comes to reporting on local and global stories. My passion lies in uncovering the truth through my investigative skills and creating thought-provoking content that resonates with readers worldwide.
