Eurofinesco S.A. : Our Latest News

Newsletter n° 10 - Local Lodging

Our periodic newsletter brings you the latest news & information

PROPOSED STATE BUDGET CHANGES FOR 2012 - 18

In 2012, each taxpayer may continue to deduct 20% of the charges up to a limit of €5 030.64 as before. In practice, this amount can not be used fully due to the ceilings set for tax deductions. (...)

PROPOSED STATE BUDGET CHANGES FOR 2012 - 17

Cuts apply to rented property as well. The difference is the end date is postponed to 2018. In 2013, the tenant may deduct 85% from € 591, 70% in 2014, etc.
(...)

PROPOSED STATE BUDGET CHANGES FOR 2012 -16

Existing Mortgages
The cost of buying a home does not escape the cuts. Only interest on existing mortgages - not the capital - will have a tax credit with the deductible percentage dropping fro (...)

next >>


	STATE BUDGET CHANGES FOR 2012 -15 The cost of healthcare also suffers significant cuts. If until now you could deduct 30%, in 2012 the deduction is only 10% up a maximum of €838.44. This limit is increased by €125.77 for each dependent if the household has three or more children, all with documented health costs.

Created by