Germany

Child benefits

Depending on criteria like residency status, age of the children, and possibly social security status, qualifying families will receive a monthly child benefit for dependent children. In 2024, this amounts to EUR 250 per month for each child.

In addition, for dependent children, a one-time cash bonus of EUR 300 per child in 2020, of EUR 150 per child in 2021, and of EUR 100 per child in 2022 was paid. An additional child benefit supplement of up to EUR 292 can be applied for if the income is not sufficient to cover the child’s living expenses.

The mentioned benefits and bonus payments are offset against a potential tax relief from the lump sum deduction of the child allowance of EUR 4,656 per parent when calculating the taxable income, so that only either the mentioned benefits and bonus payments are granted or the lump sum deduction of the child allowance. 

Other tax credits and incentives

There are no other significant tax credits or incentives for individuals in Germany.