Laptops can now be more easily tax deductible

Whether in the home office or in the office – computers used for work could soon be taken into account as income-related expenses in the tax return. That would have advantages for some taxpayers.

Anyone who buys a laptop that they also use for work should be able to claim it better for tax purposes in the future. According to information from the German Press Agency, the Ministry of Finance presented a corresponding proposal before the federal-state talks on Tuesday.

Accordingly, the costs for computers and software could in future be fully taken into account in the year of acquisition. So far, work equipment for more than around 950 euros can only be sold over several years – laptops over three years. The new regulation could make it easier for many taxpayers to exceed the flat-rate income allowance of 1,000 euros.

Workers working from home should also benefit

Finance Minister Olaf Scholz (SPD) said that new depreciation rules should support digital investments by companies. “That will surely lead to an effect that has an impact on tax revenue,” he said.

At the same time, “investments in digital equipment will be increased”. According to information from the dpa, workers in the home office who buy new devices for work at home should also benefit from the regulation.


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