Pensioners can deduct expenses from their taxes. In addition to illness or care costs, this also includes vehicle tax. Drivers need to know that.
Hamburg/Dortmund – On the issues that consumer can be deducted from the tax include, among other things, income-related expenses or a commuter allowance. To a certain extent, employees can also deduct costs for education or insurance and health costs. But pensioners can also benefit and claim expenses for tax purposes.
Pensioners can easily state expenses such as vehicle tax in their tax returns
And other things, pensioners are also entitled to a proportionate exemption from illness and care costs in this context. What is also true: You can also deduct the vehicle tax and sometimes save a lot of money.
Employees can easily include the corresponding liability in their tax return. In this way, the applicant identifies himself as both the policyholder and the owner of the car. This is also possible if you forgot to submit the costs. Corresponding information can also be given later. As a rule, an objection period of one month applies.
Questions as to which specific amounts are tax deductible depend on reports from the Allianz-Insurance depends on factors such as income, professional group or – here in this explicit example of vehicle tax – on vehicle use. That reports 24hamburg.de.
Tax tips for pensioners – the vehicle tax is also deductible
What applies to employees also applies to the self-employed. Depending on the tax rate, the amount that the applicant gets back may vary. Here, too, the person concerned enters into an obligation, according to which one assures that the holder is liable for tax – the basic requirements of every application when it comes to the car insurance to be deducted (more service news at RUHR24).
In addition, they can take advantage of partial or fully comprehensive motor vehicle insurance. But how is the specific case determined if the applicant is retired?
Pensioners can deduct the vehicle tax from their taxes. A simple trick makes it possible.
© Lobeca/Felix Schlikis/Imago; RAINER UNKEL/Imago; Collage: RUHR24
Deduct vehicle tax: what information pensioners have to provide in their tax return
Even retirees, who can already benefit from eight state grants, are entitled to deduct car insurance costs from their taxes.
Like retirees, who often have a higher tax burden than retirees, they can also state the expenses resulting from motor vehicle liability insurance in their tax return. In the course of this, it is necessary to submit the relevant information to the tax office by the end of July each year.
How high the financial savings really are depends on the individual case. Retirees with only a small retirement income could Allianz– Reports benefit however. According to the insurance portal Clark Meanwhile, pensioners can claim a total of up to 1,900 euros in special expenses in their tax returns. Extra money that could provide relief in times of inflation.
List of rubrics: © Lobeca/Felix Schlikis/Imago; RAINER UNKEL/Imago; Collage: RUHR24
