Question 1

What is the heating cost subsidy, and how can I apply for it before it expires?

Accepted Answer

The heating cost subsidy (Heizkostenzuschuss) is a financial assistance program for those who heat their homes with wood, oil, or other "non-conducted fuels." To apply, visit the federal fuel assistance office (Brennstoffhilfe) before October 20th. Keep in mind that eligibility criteria apply, and it's essential to act promptly as the subsidies are limited.

Question 2

What is the deadline for filing a tax return for 2022 in Germany?

Accepted Answer

The deadline for filing a tax return for the year 2022 in Germany, without the assistance of a tax advisor or association, is October 2nd. This deadline was extended by two months, with Monday designated as the final day due to September 30th falling on a Saturday.

Question 3

Will the reduction in gas prices in October apply to existing contracts?

Accepted Answer

No, the reduction in gas prices to zero cents per kWh, starting October 1st, applies only to new contracts. If you're an existing customer, it might be worthwhile to explore new contract options to benefit from these savings.

Question 4

What are the implications of higher interest rates for student loans starting in October?

Accepted Answer

Starting on October 1st, the interest rates on student loans will increase, surpassing eight percent. This increase is tied to the Euribor interest rate and affects KfW student loans. Students should be prepared for higher loan repayment costs.

Question 5

Why is Deutsche Bahn changing its ticket system, and how will it impact travelers?

Accepted Answer

Deutsche Bahn is changing its ticket system to enhance communication with customers. Travelers purchasing long-distance savings tickets through travel centers or agencies will now be required to provide a mobile phone number or email address. This change aims to keep customers informed about journey updates and provide a more streamlined experience.

WhatsApp

Everything that changes in October 2023 in Germany

Unlocking the Power of Data-Driven Decisions

How to Create a Business Plan That Drives

Why Customer Retention Matters More

Top Financial Tips for Small Business Owners

5 Mistakes That Are Holding Your Business Back

5 Key Strategies for Scaling Your Business in 2024