SPESENFUCHS
If you already have to travel on business, you shouldn’t miss the opportunity to save on taxes.
Difference between commuting allowance and mileage allowance.
Attention: No changes to travel expenses!
Tax treatment of travel expenses and travel expense reimbursements for business and work-related trips abroad as of 1 January 2022
The topic of non-monetary compensation and travel expenses causes confusion time and again.
Since the 2014 travel expenses reform, there has been a new, clear regulation for the connection between non-cash benefits and travel expenses, which we explain below.
On your business trips you incur expenses for food, accommodation & Co. If you prepare a travel expense report, you can claim your travel expenses and have them reimbursed by your employer or save taxes vis-à-vis the tax office. We explain what travel expenses include and how the travel expense software Spesenfuchs supports you.
End of VAT reduction, increase in flat rates and non-monetary compensation. What’s new in 2021?
As a result of the decision of the grand coalition on June 3, 2020, the value-added tax in Germany was reduced from 19 percent to 16 percent as of July 1, 2020, under the Corona Tax Relief Act. The reduced tax rate is now only 5% instead of 7%.