Innovations concerning salary and wages 2019
At the turn of the year, we would like to draw your attention to two important innovations concerning salary and wages.Minimum wage From January 1st 2019, the statutory minimum wage will increase from 8.84 EUR to 9.19 EUR gross per hour. In addition, a further increase from January 1st 2020 to 9.35 EUR gross per […]
Decision on assignment to company assets
Soon is the 31st of May again. For the filing of the tax return, this period is no longer decisive. However, the deadline is a non-renewable period for another important VAT option! However, the deadline is a non-renewable period for another important VAT option! Did you buy or produced an item in 2018 that you […]
Decision on assignment to company assets
Dear Sir or Madam,dear clients, on July 31, 2020 is the official deadline for filing tax returns for 2019. However, the deadline is a non-renewable period for another important VAT option! Did you buy or produced an item in 2019 that you use both for your business as well for private purposes? If so, the […]
Payment and collection of due taxes in times of the coronavirus crisis
Dear Sirs, with this letter, we would like to inform you about the measures taken by the German Government concerning the payment and collection of due taxes in times of the coronavirus crisis. The tax office supports companies through the following new regulations: · Due taxes are to be deferred interest-free if sales have collapsed […]
Simplification of the application for short-time allowance
Dear Sirs, due to the corona virus, the German government has adopted several measures to help companies in this difficult situation to get back on their feet or not to go under. In this e-mail, we would like to explain the first measure “Simplification of the application for short-time allowance” and offer our support in […]
Payment and collection of due taxes in times of the coronavirus crisis
Dear Sirs, with this letter, we would like to inform you about the measures taken by the German Government concerning the payment and collection of due taxes in times of the coronavirus crisis. The tax office supports companies through the following new regulations: · Due taxes are to be deferred interest-free if sales have collapsed […]
Payment of social security contributions in times of of the coronavirus crisis
Dear Sirs, in addition to the deferral of due tax payments, social security contributions can now also be deferred up to and including May upon request. The prerequisite for the deferral is that the company has serious payment difficulties due to the сoronavirus crisis or would have such difficulties if the contributions had been collected […]
Compensation during school or daycare closures due to the Coronavirus
Dear Sirs, with this circular we would like to inform you about the possibilities of receiving compensation during school ordaycare closures due to the coronavirus crisis. Anyone who has to look after their own children and cannot go to work because of school or kindergarten closure should be protected against excessive loss of income. The […]
Tax-free special payments for employees during the coronavirus crisis
Dear Sirs, due to the coronavirus crisis, special payments for employees up to an amount of 1,500 Euro will be exempt from tax and social security contributions in 2020. This was announced by the Federal Ministry of Finance on 03.04.2020. Employers can now pay out tax-free allowances and benefits to their employees up to an […]
Changes in tax law concerning the payment of due taxes in times of the coronavirus crisis
Dear Sirs, With this letter we would like to inform you about important changes in tax law concerning the payment and collection of due taxes in times of the coronavirus crisis. Extension of the deadline for submitting the payroll tax registration Since the deferral of payroll tax in the сoronavirus period was rejected after initial […]
