Updated on
06/09/2024
Lump Sum Allowance for Acquisition Expenses (FFO)
What is the FFO? – The lump sum allowance for acquisition expenses (FFO) consists of:
- Contributions to chambers and trade unions
- Books and professional journals used almost exclusively in the practice of the profession
- Professional clothing
- Tools used almost exclusively for professional purposes
- Education expenses necessary for the practice of the profession
Who is eligible for the FFO? – Any employee working in Luxembourg.
How much is the FFO? – The lump sum allowance for acquisition expenses (FFO) amounts to 540€ per year.
How to receive FFO? – The lump sum allowance for acquisition expenses (FFO) is automatically applied in the tax scale.
When does the FFO expire? - The lump sum allowance for acquisition expenses (FFO) does not expire.
When does the FFO expire? - The lump sum allowance for acquisition expenses (FFO) does not expire.