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- 4 min readRecommended
FAQ – Inflation Compensation Bonus
From 26 October 2022, employers may grant their employees a tax- and contribution-free bonus of up to €3,000. The so-called inflation compensation bonus is intended to help employees better cushion the financial impact
Tax AdvisoryBusiness ConsultingSource: Deubner Verlag - 2 min readRecommended
Disability Lump Sums 2021
Following a legislative amendment by the German federal government, the disability lump sums (Behinderten-Pauschbeträge) doubled as of 01/01/2021, and the additional requirements under the Income Tax Act no longer apply. The reason for the adjustment was an outdated statutory basis, under which the lump sums could in no way cover today's cost of living
Tax AdvisoryBusiness ConsultingAuditSource: Deubner Verlag - 1 min readRecommended
Extension of Bridging Aid III Plus and Restart Aid Plus
Although the consequences of the coronavirus crisis are gradually easing, some sectors remain affected. For this reason, Bridging Aid III […] can now also be applied for covering the period from October to December 2021.
Tax AdvisoryBusiness ConsultingAuditSource: Deubner Verlag - 1 min readRecommended
Federal Fiscal Court Ruling (VI R 8/19): Civil Servant Death Benefit
The basis for the civil servant death benefit is the monthly gross salary or pension of the civil servant. As a result of the calculation, the descendants receive twice the monthly gross salary or pension as a death benefit. This
Tax AdvisoryBusiness ConsultingSource: Deubner Verlag - 2 min readRecommended
New Marginal Employment Guidelines 2021
On 26 July 2021, the umbrella organisations of the social insurance carriers published the revised Marginal Employment Guidelines 2021, which have been legally effective since 1 August 2021. The guidelines serve as a practical reference for employers and payroll accountants and
Tax AdvisoryBusiness ConsultingAuditSource: Deubner Verlag - 2 min readRecommended
Moving Expenses for Job-Related Relocations
If the move is related to the employee's professional activity, the employee can claim the moving expenses incurred as work-related expenses. Otherwise, the employer also has the option of reimbursing the moving expenses incurred to the employee tax-free.
Tax AdvisoryBusiness ConsultingAuditSource: Deubner Verlag - 2 min readRecommended
Filing Deadlines for the Income Tax Return
To avoid late-filing penalties for an income tax return submitted past its deadline, it is important to know the applicable filing dates. These deadlines were postponed several times during the Corona pandemic, which may make it difficult to keep track.
Tax AdvisoryBusiness ConsultingSource: Deubner Verlag - 3 min readRecommended
Act to Modernise Corporate Income Tax Law (KöMoG) – Option for Partnerships
Partnerships (GbR, OHG, KG, GmbH & Co. KG, PartG, etc.) are generally taxed under the transparency principle. This means that each partner's share of the profits is taxed at their personal
Tax AdvisoryBusiness ConsultingSource: Deubner Verlag - 4 min readRecommended
Taxation of Photovoltaic Systems and Expiry of the State Feed-in Tariff
As of 01/01/2021, the state feed-in tariffs under the EEG (German Renewable Energy Sources Act) have expired for the first photovoltaic systems. The subsidy amount was set upon commissioning of the photovoltaic system and then paid out for 20
Tax AdvisoryBusiness ConsultingAuditSource: Deubner Verlag - 4 min readRecommended
One-Stop Shop Procedure (OSS)
The One-Stop Shop procedure can be viewed as an extension of the Mini One-Stop Shop procedure, covering a broader range of services. The new procedure is scheduled to take effect on 1 July 2021
Tax AdvisoryBusiness ConsultingAuditSource: Deubner Verlag - 3 min readRecommended
Taxation of Tips and Record-Keeping Obligations for Recipients
In many professions (hospitality, hotels, taxi services, etc.), tips represent an important source of income alongside the paid main service. Despite the familiarity of the topic, failures repeatedly occur
Tax AdvisoryBusiness ConsultingAuditSource: Deubner Verlag - 3 min readRecommended
Mandatory Income Tax Return 2020 – Short-Time Work Allowance
During the Corona crisis, an estimated 10 million employees received wage replacement benefits (e.g. unemployment benefits, sick pay, parental allowance, etc.) or, in particular, short-time work allowance (Kurzarbeitergeld) from their employer. In its letter, the Federal Ministry of Finance points out
Tax AdvisoryBusiness ConsultingAuditSource: Deubner Verlag - 2 min readRecommended
Improvements to Bridging Aid III (Überbrückungshilfe III)
The ongoing coronavirus pandemic continues to cause severe economic difficulties for many companies and solo self-employed individuals. For this reason, the German federal government has approved several improvements as well as additional support for affected
Tax AdvisoryBusiness ConsultingAuditSource: Deubner Verlag - 1 min readRecommended
Higher Commuter Allowance from 2021
The higher commuter allowance was adopted in 2019. It forms part of the Act Implementing the Climate Protection Programme 2030. From the 21st kilometre onwards, the distance-based allowance is being raised from 30 cents to 35
Tax AdvisoryBusiness ConsultingAuditSource: Deubner Verlag