Apply for housing subsidy
Description
Every home loan saver over the age of 16 receives the housing subsidy, as long as his or her taxable income does not exceed a certain limit.
To receive the housing subsidy, you pay regularly into a building savings contract.
The savings amount must be at least 50 euros per year.
As a housing subsidy, you receive 10% on the contributions paid in the year.
You should spend your subsidized savings for "residential purposes". For example, you can use it to build or buy a house or condominium.
If you do not use your credit balance for a property, you will have to repay the housing subsidy.
You must be subject to unlimited tax liability in Germany and have reached the age of 16.
A housing construction premium is granted if you make premium-eligible expenditures of at least 50 euros per year and do not exceed certain income limits.
Application for housing subsidy
(Information from your building savings contract - such as the contract or building savings number, identification number, tax assessment for the year of application).
Application: annually until two years after the end of the savings year
The tax authorities decide whether to grant the housing subsidy after the two-year submission period has expired.
Forms: Application for housing subsidy
Online procedure possible: yes
Written form required: no
Personal appearance required: no
You will receive the application for the housing subsidy every year together with your account statement from your building society.
You then complete the form and return it to them.
The building society will determine the housing construction premium on the basis of the information you provide; subject to a subsequent review by the tax authorities and will notify you of the result. Unjustified applications for housing construction premiums will be rejected by the building society itself.
You can still apply for the premium two years retroactively - after the end of the savings year.
The income limits are automatically checked by your tax office of residence.
As part of a data comparison, a check is carried out to determine whether the housing construction premium has been set at different building societies in excess of the statutory maximum amounts. Furthermore, the system checks whether the income limits have been exceeded, whether housing subsidies have been set for capital-forming benefits even though there is an entitlement to an employee savings allowance and, in the case of an entitlement to an employee savings allowance, whether the remaining expenses per building society amount to less than € 50.
Insofar as the determined housing construction bonus has to be changed due to the audit of the tax office, this will be communicated electronically to the building society.
As soon as your home savings contract has been allocated and the residential use has been proven, your premiums will be paid directly into your home savings account.
The bausparkasse is responsible for reclaiming any housing subsidies that were granted incorrectly.
Ministry of Finance Mecklenburg-Western Pomerania
01.09.2020
The text was automatically translated based on the German content.
