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- 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 - 2 min readRecommended
Income Tax Treatment of Childminding Services
Today, it is increasingly common for both parents to work full-time and to require a childminder to look after their children. In the following, we will explain
Tax AdvisorySource: 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 - 3 min readRecommended
Suspension of the Obligation to File for Insolvency and the Insolvency Law Reform
The Act on the Further Development of Restructuring and Insolvency Law (SanInsFoG) essentially serves to transpose the European Restructuring and Insolvency Directive of 19 June 2019 into German law. Following several amendments, the SanInsFoG was adopted by the German Bundestag on 17 December 2020
Tax AdvisorySource: Deubner Verlag - 4 min readRecommended
Claiming Maintenance Payments for Tax Purposes
Basics of maintenance payments: Maintenance payments to relatives, children, and separated partners may be claimed for tax purposes if the recipients cannot provide for their own support. Maintenance payments generally include
Tax AdvisorySource: Deubner Verlag - 2 min readRecommended
Extraordinary Depreciation During the Coronavirus Pandemic
During the coronavirus crisis, extraordinary depreciation is gaining importance, as many businesses are experiencing unintended revenue losses due to a lack of customers. One example would be a clothing store where, due to the
Tax AdvisorySource: Deubner Verlag 
1 min readTop articleFocus-Money: Steffen & Partner Named TOP Tax Advisor 2021 in the Large-Firm Segment
As every year, Focus-Money surveys tax advisors across Germany. This year, for the first time, more than 100,000 firms took part in the magazine's survey. The results were published in issue 24/2021 under
PressSource: Deubner Verlag- 3 min readRecommended
Neustarthilfe Restart Aid for Solo Self-Employed Individuals and Corporations
Überbrückungshilfe III (Bridging Aid III) is also intended to provide stronger support to self-employed individuals affected by the coronavirus crisis. To this end, the so-called Neustarthilfe (Restart Aid) has been increased from an original EUR 5,000 to a current maximum of EUR 7,500. The funding period of the Neustarthilfe
Tax AdvisorySource: Deubner Verlag 
1 min readTop articleHandelsblatt: Steffen & Partner Among the "Best Tax Advisors 2021"
In its print edition of 24 March 2021, Handelsblatt named Steffen & Partner Steuerberatungsgesellschaft one of the "Best Tax Advisors 2021". https://www.handelsblatt.com/finanzen/steuern-recht/steuern/handelsblatt-testet-das-sind-die-besten-steuerberater-und-wirtschaftspruefer-deutschlands/27031296.html The Sozialwissenschaftliche Institut Schad (S.W.I. Finance) conducted the underlying analysis
PressSource: Deubner Verlag- 3 min readRecommended
Bridging Aid III (Überbrückungshilfe III)
Bridging Aid III (Überbrückungshilfe III) Bridging Aid III is intended as an extension of the expiring Bridging Aid II in order to continue supporting businesses in 2021 that are particularly affected by the coronavirus pandemic. The
Emergency PlanSource: Deubner Verlag - 2 min readRecommended
Application for Property Tax Remission by 31 March 2021
Property tax (Grundsteuer) must be paid by every private owner for their property. The relevant tax office determines the assessed value of the property based on factors such as land value, area and age. This
Tax AdvisorySource: Deubner Verlag - 1 min readRecommended
Child Bonus – Also in 2021
The 2021 child bonus is to be enacted as part of the Third Corona Tax Relief Act and is intended to help cushion the burdens of the coronavirus pandemic and give families additional financial flexibility. The child bonus is paid for all children
Source: Deubner Verlag - 2 min readRecommended
Change to the Useful Life of Computer Hardware and Software
The reason for the change to the useful life of computer hardware and software lies in digitalisation. It is driving an ever stronger and faster transformation of technical devices and their
Source: Deubner Verlag