Financial experts: Tips for the end of 2023 - operating cost accounting, train timetable changes, tax returns and energy prices!

Financial experts: Tips for the end of 2023 - operating cost accounting, train timetable changes, tax returns and energy prices!

According to a report by www.t-online.de, there will be various innovations that affect consumers at the end of 2023. The article reports on the possible effects of utility billing, Deutsche Bahn's winter timetable, the 2019 tax return and electricity and gas prices.

Invoice for additional costs:

The annual utility bill for 2022, which arrives in December 2023, could lead to additional payments due to increased energy prices. If the billing takes place after December 31, 2023, the obligation to make additional payment no longer applies if the landlord is responsible for the delay.

Winter timetable of the railway:

With the new Deutsche Bahn timetable from December 10, 2023, prices for flex tickets will change by around 5 percent. The Bahncard 25 increases in price by three euros to 62.90 euros per year.

Tax return 2019:

The deadline for tax returns for 2019 is December 31, 2023. Anyone who submits the forms later will lose the right to a refund, which is on average 1,095 euros.

Electricity and gas prices:

Despite the expiring price brakes, consumers should receive reduced tariffs until the end of March 2024, if money can continue to flow from the economic stabilization fund.

The changes at the end of 2023 have potentially major impacts on the market and the financial industry. Landlords and tenants have to expect additional payments or deadlines for billing additional costs, while price adjustments for rail transport and tax refunds can cause changes in your wallet. In addition, electricity and gas prices could remain discounted, which would be beneficial for consumers. Overall, it is important to find out about the respective innovations and make adjustments if necessary in order to minimize financial impacts.