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Germany Enacts Package of Relief Measures for Individuals to Mitigate Impact of Rising Energy Prices

|Approved Changes|Germany
Germany

Germany published the Tax Relief Act 2022 in the Official Gazette on 27 May 2022, providing a package of tax relief measures to help mitigate the impact of rising energy prices. Measures of the package include:

  • Increase in the basic tax-free allowance for 2022 by EUR 363 from EUR 9,984 to EUR 10,347;
  • Increase in the employee lump-sum deduction for income tax by EUR 200 from EUR 1,000 to EUR 1,200;
  • Increase in the distance allowance for long-distance commuters from EUR 0.35 to EUR 0.38 for …

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