More net for Olpe: Apply for tax allowances for 2026 now!

More net for Olpe: Apply for tax allowances for 2026 now!

In the current times when many employees have to pay attention to every euro, there is now a pleasant opportunity to increase your own net salary. Employees can apply for tax allowances until January 31, 2026 in order to benefit from a higher net salary each month. As Lokalplus reports, costs such as travel costs or childcare costs are taken into account directly by the tax office. This means that you can benefit from a lower tax burden without having to wait long for your tax return.

Stefanie Dißmann, head of the Olpe tax office, emphasizes that this makes financial planning much easier for employees. However, anyone who decides on an allowance must know that they can expect less reimbursement on their next tax return because the deductible costs have already been taken into account in advance. When applying, various types of costs must be listed, including business expenses, special expenses and child allowances.

Keep an eye on important deadlines

But be careful! The deadline for applying for a tax allowance for 2026 ends on January 31, 2026. Anyone who misses this deadline has the option of only submitting their applications from the following month. A simple way to submit this application is to use the online platform ELSTER (www.elster.de), where all the necessary information can be entered and sent directly to the tax office. The deadline for the current year 2025 is November 30, 2025.

By applying for a wage tax exemption, employees can benefit significantly from reducing their tax burden. One example is Christoph, 35 years old and single, who applied for a wage tax reduction in October 2025. Due to his business expenses totaling 3,520 euros, he was able to apply for an allowance, which was spread over the months of November and December. This meant that he had up to 825.87 euros more net in his account during these months - a sum that no one should ignore. His experience shows that early action is worthwhile, because a late application may leave the employee stuck with part of his tax reduction. Of course, this allowance has no impact on the calculation of your social security contributions, which makes it even more attractive.

The effects in detail

But what happens if you don't apply on time? Christoph's experience shows that a late application for the exemption amount can result in him giving the tax office an interest-free loan of around 373 euros, as the entire exemption amount will no longer be fully credited in the coming month.

In a time where every cent counts, it is important to stay alert and well-informed. Applying for tax allowances can provide real relief for many employees and noticeably increase their net salary. It is therefore advisable to deal with your own financial situation early on and take the necessary steps.

As workers prepare for the coming months, it is equally exciting to watch developments in the tech markets. Companies like AUI recently raised $20 million in capital, bringing their valuation to $750 million. PR Newswire reports that AUI has developed a neuro-symbolic AI model that sets new standards in the development of intelligent voice assistants. Such advances could also be important for the world of work in the long term, which shows how exciting the current developments are.