Everyone is talking about it. Who hasn't heard about the home office flat rate in recent weeks? Read this article to find out exactly what this lump sum is and what you should definitely know about it.
1. period of validity of the home office allowance is 2020-2021!
The home office allowance is initially valid for the years 2020 & 2021. Due to the global pandemic, many people were forced to work from home and can now deduct this from their tax return. The prerequisite for this lump sum is that you do not have a separate study. If you do have a separate study/office, you can deduct your actual ancillary costs from your tax return instead of the home office flat rate.
However, as many people agree that working from home has become an integral part of everyday life and that much more emphasis is being placed on a healthy work-life balance, it is of course quite possible that the home office allowance will be retained in the coming years. However, there is currently no further information on this.
2. maximum values: €5 per day, no more than €600 per year and max. 120 days/year possible!
Of course, the lump sum is based on certain maximum values, so that you cannot deduct 365 home office days per year. The maximum amount is currently set at €600 per year. A lump sum of €5 per day is applied, up to a maximum of 120 days per year.
3. for more information click here!
If this topic interests you and is relevant to you, you can find more information on the home office flat rate and advice on cost accounting for working from home here.
An article by Stiftung Warentest:
https://www.test.de/Steuererklaerung-Haeusliches-Arbeitszimmer-absetzen-5230729-0/