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What tax benefits are available for families with children?

Dear Tax Advisor,

I am Dietrich Wittik and have two children of school age. I have heard that there are various tax benefits for families with children, but I am unsure which ones could apply to me and my family.

Currently, I work full-time and my wife is employed part-time to take care of the children. This means we have a rather average household income and need to be careful with every penny. We are wondering if there are ways to reduce our tax burden and possibly even receive financial support.

Our biggest concerns are the rising costs of childcare, school supplies, and leisure activities, which are becoming increasingly significant. We are wondering if there are tax advantages that could help us manage these costs while maintaining our standard of living.

Could you please explain to us in more detail what specific tax benefits are available for families with children and how we can access them? For example, are there child allowances, child benefits, support for childcare, or other financial aids that we could be eligible for?

We would be very grateful if you could assist us in this matter and provide us with possible solutions to improve our financial situation and support our children as best as possible.

Thank you in advance for your help.

Sincerely,

Dietrich Wittik

Christine Witzelmann

Dear Mr. Wittik,

Thank you for your inquiry regarding tax benefits for families with children. I am pleased that you are exploring this topic and looking for ways to improve your financial situation and support your children as best as possible.

As a family with children, you are indeed entitled to various tax benefits and support that can help you cover the increasing costs of childcare, school supplies, and leisure activities. Below, I will explain the most important tax benefits for families with children:

1. Child allowance: The child allowance is a tax-free allowance granted to parents per child. Currently, it is 8,388 euros per child per year. This amount is deducted from your taxable income before tax is calculated.

2. Child benefit: Child benefit is paid for each child up to the age of 18 (or 25 under certain conditions). Currently, child benefit is 219 euros for the first and second child, 225 euros for the third child, and 250 euros for the fourth child and onwards. Child benefit is paid by the Family Benefits Office of the Federal Employment Agency.

3. Children's supplement: The children's supplement is financial support for families who can cover their own needs but cannot fully cover the needs of their children on their own. The children's supplement can be up to 185 euros per child per month.

4. Care costs: Under certain conditions, the costs of caring for your children may be tax deductible. This includes costs for daycare, kindergarten, after-school care, or a childminder. There are specific allowances and flat rates that you can claim.

5. School supplies and leisure activities: The costs of school supplies and leisure activities for your children may also be tax deductible under certain circumstances. It is important to keep relevant receipts and evidence.

To claim these tax benefits, it is important to provide all relevant information in your tax return and submit the necessary evidence. I am available to review your individual situation more closely and assist you in applying for tax relief.

I hope this information is helpful to you and that you receive the financial support you and your family need. If you have any further questions or need assistance, please do not hesitate to contact me.

Best regards,

Christine Witzel

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Christine Witzelmann

Christine Witzelmann

Düsseldorf

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