Tax advisor Jurgen Dieter grainy informed costs, caused by an undergraduate or initial vocational training, can be claimed in the income tax not as advertising costs or operating costs. The tax advisor Jurgen Dieter grainy from Mannheim informed about the possibilities of recovery of the costs incurred by a first degree or a vocational training. Initial studies and vocational training costs as special editions the first vocational training or an undergraduate costs, may be asserted annually at an altitude of up to 4,000 euros, if they are considered as special editions. The right to claim as special editions, however, has its consequences. For students who have no income, these special editions expire ineffective.
Students, who earn little money while studying, can make after graduation not tax claim the costs incurred. This is due to the lack of losses brought forward at extra costs, because no advertising costs or Operating expenses are, which have resulted in negative earnings. Deductibility of expenses of primary studies within a service relationship is a special regulation but for force expenses which are incurred within a service relationship for a vocational training or an undergraduate. These expenses can be fully claimed as advertising costs. In if only a study contract is concluded with the University and no employment relationship with the University or a company exists, this regulation is ineffective. This is due to that are the costs of training with any professional activity in connection and thus there are no related revenue.
Additional: Through two new rulings the Federal fiscal court has allowed the deductibility of the cost of an initial training as advertising costs. This however, some hurdles remain. There a reason related of initial training must be represented regularly with the future profession. I.e. the training must be to the Result in obtaining professional knowledge. For more information tax advisor Jurgen Dieter is grainy from Mannheim gladly available.