> Prospective home buyers, who have been hit by rising interest rates, will also get tax support. This year and next year, interests paid on mortgages for existing flats will become fully tax deductible, at a cost of €40 million to the state budget, Roth said.
So, can everyone deduct 100% of the interest paid? The word “existing flats” is not clear!
The tax break for expats is a little unclear.
“The government also plans to make changes to the so-called ‘expat regime’ aimed at attracting and retaining highly-skilled staff through tax credits.
Eligible expats will see 50% of their gross annual wage go untaxed, up to an amount of €400,000. The other existing criteria that expats need to fulfil remains unchanged.“
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> Prospective home buyers, who have been hit by rising interest rates, will also get tax support. This year and next year, interests paid on mortgages for existing flats will become fully tax deductible, at a cost of €40 million to the state budget, Roth said.
So, can everyone deduct 100% of the interest paid? The word “existing flats” is not clear!
The tax break for expats is a little unclear.
“The government also plans to make changes to the so-called ‘expat regime’ aimed at attracting and retaining highly-skilled staff through tax credits.
Eligible expats will see 50% of their gross annual wage go untaxed, up to an amount of €400,000. The other existing criteria that expats need to fulfil remains unchanged.“