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Deductible expenses for expatriates and foreigners in Germany

There are many possibilities for expatriates and foreigners working in Germany to save taxes especially when the spouse and the children are living abroad…

How to deduct medical expenses in your German income tax return!

Medical expenses can be deducted as extraordinary expenses. However, the so called reasonable self-retention has to be considered i.e. medical expenses only can be deducted…

Relocation expenses in Germany

Employees can deduct relocation expenses if the costs are job-related and when the costs are not reimbursed by employer. Expenses for privately motivated relocations…

Part 3: Being self-employed in Germany – Which expenses are deductible?

First it is important to know how expenses influence your profit and your tax burden. In brief, expenses reduce your profit and consequently…