Tax Act 2024: Improvements and challenges for clubs and families

Tax Act 2024: Improvements and challenges for clubs and families

The traffic light coalition causes excitement in the financial sector: Today the Finance Committee decided to do the annual tax law 2024, but the associated regulations raise questions and cause displeasure. Antje Tillmann and Fritz Güntzler, our experienced financial political analysts, have clear views of developments in tax law.

Antje Tillmann, the financial spokeswoman, is relieved that the turbulence of the VAT freedom of dance and music lessons has come to an end. "The last few weeks have been full of uncertainty that we could save ourselves by pressing the traffic lights," emphasizes Tillmann. A dangerous advance of the traffic light was able to target tax liability for educational services such as piano or dance lessons, but the proposal finally fell by the wayside. The definition of what falls under leisure education remained the responsibility of the federal government, which failed here.

dispute over sports facilities and renting

Another hot iron was the planned sales tax on the rental of sports facilities. An absolute faux pas! This step would not only have burdened the financing of municipalities, but also that of sports clubs. A step backwards that should not cause any further problems was ultimately deleted.

However, there is also positive news! The traffic light has at least partially struggled to increase the tax deductible costs for childcare. Up to 80 % of a maximum of 6,000 euros per child can now be deducted as special expenses! A long -demanded relief, even if the goal of making 30 % deductible was only partially achieved.

a disappointing living space promotion

The traffic lights could also score in a very different way on the housing market: a lowering of the tax rental limit according to Section 21 (2) of the Income Tax Act could provide immediate relief. But the traffic light seems to step on the spot and continues to relate to questionable policies.

Fritz Güntzler shakes his head over the inconsistent keeping of the traffic lights compared to the sales tax exemption for consortial loans. The inconsistency of tax regulations has already brought many on the palm: sometimes you are subject to VAT, sometimes not - a advice game that nobody understands! And the latest move to reduce the sales tax rate for flat -rate farmers several times, in particular the small and medium -sized businesses are sweating.

This is the biggest embarrassment for the traffic lights: in the future you want to prescribe the sales tax rate as a whole by prescription! An absolute disregard for the parliamentary tradition - a new low in the great moment of the coalition.

The review of this chaos shows us: Companies and citizens earn clear and fair regulations - not playing an overwhelmed cabinet!