Home » Tax-free overtime: FDP wants to create incentives for overtime

Tax-free overtime: FDP wants to create incentives for overtime

by admin
Tax-free overtime: FDP wants to create incentives for overtime

According to the FDP, wage and income taxes should be automatically adjusted to inflation in order to make the employment of older workers more attractive. picture alliance / dts agency | –

The FDP proposes tax relief for overtime in order to create incentives for overtime. A limited number of overtime hours and overtime bonuses should remain tax-free in order to reward individual performance. The FDP is also calling for tax incentives for foreign skilled workers and an adjustment of wage and income taxes to inflation.

The FDP proposes tax relief for overtime in order to create incentives for overtime. According to a decision by the FDP executive committee on Monday, a limited number of overtime hours and the overtime bonuses paid should remain tax-free in order to reward individual performance more strongly. The resolution is entitled “Performance and work must be worthwhile again”.

In addition, the FDP is calling for tax incentives for foreign skilled workers. “For foreign employees, part of their gross wages could be made tax-free in the first three years,” it says. A staggered allowance creates a financial incentive for foreign skilled workers to come to Germany, which is easy to implement.

The resolution also contains the demand to automatically adjust wage and income taxes to inflation and to make the employment of older workers more attractive. The calculation method for citizens’ money needs to be checked. The sanctions for citizens’ benefit recipients who stubbornly refuse to do reasonable work should be tightened. The additional income regulations for citizens’ benefit should be made fairer, taking into account child allowances and housing benefit.

See also  China National Financial Securities Launches Convertible Bonds Authority Activation Service under the New Regulations |

AA/dpa

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy