Tax deadlines for reduction applications and interest on claims

As every year, the following applies: Deadlines zum 30. September 2016 bzw. ab 1. Oktober 2016 zu Observe:

Bye at the latest 30 September 2016 können noch Motion for contempt for the Vorauszahlungen 2016 to be submitted to the competent tax office for income and corporate tax purposes. The essential components of an application are: clear justification the desired reduction in the advance payment as well as a Forecast calculation, in der das voraussichtliche Einkommen nachgewiesen werden kann. Um eine Nachzahlung im Zuge der Veranlagung 2016 oder Anspruchszinsen zu vermeiden, sollte die Prognoserechnung jedenfalls realistic be designed.

Keyword Interest on claimswith 1. Oktober 2016 starting for those who are not yet at that time modest induced Tax or Social Security claims of the Veranlagungsjahres 2015 Anspruchszinsen zu laufen. Der Claim interest rate beläuft sich nach der Absenkung des Basiszinssatzes mit Mitte März diesen Jahres auf 1,38 %, da er mit 2 % über dem Basiszinssatz festgesetzt ist. Die Interest on claim compensates for interest advantages or disadvantages, which is caused by the later payment of the overdue amount or by the later effect of the credit depending on the Date of tax assessment entstehen. Der Problematic The Demand interest rates (negative claim interest) can on a regular basis to be missed, indem vor dem 1. Oktober (2016) eine Deposit to the tax office in the amount of the expected additional payment is being provided. If this has not been done so far, no charge will be incurred as long as the interest charges remain the same. 50 € nicht übersteigen. Folglich ist es unter Umständen recommended, yet before the expiry of the especially those dependent on the expected additional demand „zinsenfreien Zeitraums“ eine entsprechende Zahlung an das Finanzamt zu leisten (Bezeichnung „E 1-12/2015“ bzw. „K 1-12/2015“). Dennoch anfallende Interest on claims are not tax-deductible. Interest claims can also be Compensatory interest whose, which not taxable Finally, it should be noted that excessive advance payments can also lead to No interest can be withdrawn, since balances such as arrears on the tax account are exempt from interest.

Image: © dusk - Fotolia