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7 Important Innovations for Pensioners in 2025

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smartsteuer

Published on Dec 8, 2024

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7 important innovations for pensioners in 2025 Find out your tax refund entitlement NOW for free: https://www.smartsteuer.de/youtube/ 7 important innovations for pensioners in 2025 - the approximately 21 million pensioners will also be facing some changes in 2025. We show what will change, what effects this will have and what you should pay attention to in this video! Hello, I'm Simon and today we're talking about some of the most important and already fixed changes for 2025 for pensioners in Germany... Let's start with the 1st change - more net pension In Germany, a financial minimum must remain tax-free and this value is redefined every year. Just recently, a retroactive increase was decided for January 1st, 2024 and the value was raised to €11,784. But now the basic allowance is increasing again on January 1st, 2025, to €12,084 per person. All taxable income, including pensions and additional income, remains tax-free up to a certain amount. If pensioners exceed this amount after deducting business expenses, old-age relief allowance and other benefits, they are obliged to file a tax return. Important: The tax office does not automatically inform you of this. It is the responsibility of each individual to keep an eye on the income limit and to file a tax return if it is exceeded. Otherwise, additional payments may be due even years later. Change #2 Disability & basic pension With the code "YOUTUBE10" you get 10% off your first tax return with smartsteuer: https://www.smartsteuer.de/youtube/ We appreciate every thumbs up for this video and every new subscriber on the smartsteuer channel and wish you every success with your tax return. 7 important innovations for pensioners in 2025 • 7 important innovations for pensioners in 2025

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