The Minister of Finance wants to relieve the citizens because of the high energy prices.
(Photo: IMAGO/Chris Emil Janssen)
Berlin The federal government has introduced the first tax relief in response to the skyrocketing energy prices. The Cabinet on Wednesday approved the draft Tax Relief Act 2022, as Federal Finance Minister Christian Lindner announced on Twitter.
The FDP politician turns three screws. The employee lump sum for income-related expenses will be increased by 200 euros to 1200 euros retrospectively as of January 1, 2022. This also applies to the increase in the basic allowance for income tax by EUR 363 to EUR 10,347.
Long-distance commuters can also claim 38 cents per kilometer from the tax retrospectively from the beginning of the year from the 21st kilometer. “It’s clear to me that further measures must follow,” the finance minister also announced.
According to the cabinet proposal, the measures taken together this year will result in reduced tax revenues of around 4.5 billion euros for the federal, state and local governments. The federal and state governments bear the largest parts. In the years up to 2026, too, the revenue shortfall will be more than four billion euros.
Top jobs of the day
Find the best jobs now and
be notified by email.
More: Christian Lindner defends the tank discount: “Relief directly at the checkout”