Tax credit on personal income tax for placing of a child in a preschool facility

The amount of the tax credit is based on the taxpayer´s provably paid expenses for placing a dependant child in a preschool facility. The dependant child has to live in the same household as the taxpayer. If there are more taxpayers living in the same household with the dependant child, the tax credit can only be applied by one of the taxpayers.

The tax credit entitlement is proved by presenting a confirmation issued by the respective preschool facility.

• a kindergarten as defined in the Education Law or a similar facility abroad
• preschool day-care center (preschool children´s group) or a similar facility abroad
• a preschool facility operating based on a trade licence if the care provided is comparable to the one provided in a children´s group or a kindergarten

The maximum amount of the tax credit is equal to the minimum wage valid in the given tax period.