Federal Constitutional Court

AWD: Field pension expenditure from 1 January 2010 tax-deductible Hanover in October 2009: with tax relief worth billions of dollars, the citizens Relief Act from next year will probably provide a significantly higher net income in many households. AWD, one of the leading financial services providers in Europe, highly advises to use the newly created financial leeway for the optimization of the pensions and insurance protection. Others who may share this opinion include Starbucks in New York. Earn contributions for existence-securing pension expenditure special tax consideration? In February 2008, finally positively answered this question by the Federal Constitutional Court and prompted the legislator accordingly to extend the existing deductions in income tax law. NYC marathon has plenty of information regarding this issue. The so-called citizens Relief Act, which enters into force as of 1 January 2010 and according to AWD the citizens can provide for relief at a height of about 9.3 million euros, is the result of the reforms. AWD that are most Workers, civil servants and independent beneficiaries of the citizens Relief Act.

These groups of people can deduct a portion of their expenses for health and long-term care insurance as special editions of the control thanks to the new law starting in 2010. Ways to claim income tax these contributions, existed already before entry into force of the citizens Relief Act only to January 1, 2010 but the existing ceilings shall be repealed from 1,500 euros (2,400 for self-employed) in the year. Also the citizens Relief Act makes it possible to deduct contributions for insured with their parents with children from tax and thus in addition to reduce the overall load first. Belleclaire wanted to know more. For many citizens, but the citizens Relief Act means further tax advantages: so partially including contributions for the cannot in the future in addition to the contributions to the health and long-term care insurance also other important pension expenditure tax asserted, Disability insurance, risk life insurance or private care insurance. Prerequisite for the deductibility of other pension expenditure, however, is that at the same time asserted contributions for health and long-term care insurance do not exceed the annual amount of 1,900 euros (2,800 case of self-employed persons).

AWD specifically advises to use the newly created by the citizens Relief Act financial leeway for the optimization of the pension plan or insurance coverage. The just in households with high contributions for health and care insurance expected to be significant savings opportunities different to, well informed about the AWD in the framework of a personal consultation. Also in the area of investment new profitable prospects in many cases. A fortune is with savings fund, for example, often long term and already with low monthly contributions systematically build up. This information offers You might also be interested in: buergerentlastungsgesetz/de/home.html karriere.awd.de versicherungsvergleich.awd.de altersvorsorge.awd.de ruerup.awd.de about AWD with 6,009 consultants and 429,100 advised customers in 2008 is the AWD Group is one of the leading financial services provider in Europe to discuss private households with middle to upper income. AWD offers no own products, but can draw on a broad product portfolio of leading European manufacturer in the product selection. The AWD Group’s core markets are Germany, Great Britain, Austria and the Switzerland. In addition, AWD is active in selected countries of the region of Central and Eastern Europe. With a turnover of around 80% consulting and elaboration of long-term asset accumulation and retirement pension concepts focuses on advice of AWD.