Standardfradrag

Standardfradrag is a fixed amount of income that can be subtracted from gross income for tax purposes under certain tax systems. It is designed to provide a baseline deduction that does not depend on actual costs incurred by the taxpayer. The size of the standardfradrag is established by law and may be revised annually; in many countries it applies automatically to individuals with income that is taxed, reducing the portion of income that is subject to tax. It is typically shown on the tax assessment alongside other deductions, and in some jurisdictions it is claimed automatically without the need to document ordinary expenses, while in others taxpayers may need to opt in or ensure it is included.

The standardfradrag is distinct from itemized deductions or special allowances: it represents a generic deduction regardless of particular expenditures, whereas itemized deductions depend on concrete costs such as work-related expenses, mortgage interest, or charitable giving. The interaction with other deductions varies by jurisdiction: if a taxpayer can choose between the standardfradrag and itemized deductions, the method that minimizes tax liability is often preferred.

Eligibility typically covers residents with income subject to tax, though the precise scope and eligibility rules depend on national legislation. Changes in income level or family status may affect the amount of the standardfradrag in some systems.

For exact amounts and rules, consult the relevant tax authority or a tax professional in the jurisdiction where the standardfradrag applies.