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Increased Child Benefits and Tax Breaks Approved in Germany

Summary by Magazine, Healty And Sport News
A coalition in the Bundestag has approved substantial tax reductions and financial support for families with children, costing the state billions. Key changes include increased child benefits and adjustments to income tax to prevent cold progression. Child benefits will rise gradually, while the child tax allowance will also increase. The government aims to mitigate inflation’s […]
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