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Bank Account & Taxes

Bank Account Taxes

Hamburg Welcome Portal Bank Account & Taxes

Here you will find information about financial matters, such as the tax system in Germany and how to set up a bank account.

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Bank Account Taxes

Symbolic picture: Setting up a Bank Account in Hamburg, Germany

Hamburg Welcome Portal Setting Up a Bank Account

In Germany, salary payments and other everyday transactions such as rent, insurances and phone bills are handled through a bank account.

Symbolic image: Taxation in Hamburg, Germany

Hamburg Welcome Portal Taxation in Germany

There are many different types of taxes in Germany, including income tax, VAT, trade tax and more.

Symbolic image: Personal Tax ID, Hamburg, Germany

Hamburg Welcome Portal Tax Identification Number

Every person registered in Germany receives a tax identification number to ensure their unique identification within the tax system.

Symbolic image: Tax Classes in Hamburg, Germany

Hamburg Welcome Portal Tax Classes

As an employee, you have to pay wage tax. The amount of that "Lohnsteuer" depends on your wage and your tax class.

Symbolic image: Young woman managing domestic budget, sitting at kitchen table with open laptop, documents and calculator, using touchpad, making notes with pencil

Hamburg Welcome Portal Income Tax Declaration

Most people who earn money in Germany are subject to income tax, but not everyone needs to file an income tax declaration.

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