The German Ministry of Finance has declared the extensive expansion of the Corona aid. In order to support companies, self-employed and freelancers who are affected by closings and massive drops in sales in the corona pandemic, the Federal Ministry of Finance, together with the Federal Ministry of Economics, has expanded the range of economic aid available. As part of this, the deadline for the 2019 calendar year for tax returns prepared by tax advisors is to be extended by six months. The legal basis is planned to be passed in March 2021. The tax returns can then be submitted until August 31, 2021.
Taxpayers who are directly and significantly negatively affected by the Corona crisis can apply to their tax office – as has been the case since March 19, 2020 – by March 31, 2021 for (follow-up) deferral of all claims from the Establish tax liability as part of a simplified procedure. The deferrals will then run until June 30, 2021 at the latest.
Any follow-up deferrals beyond this should only be granted in the simplified procedure in connection with an appropriate installment payment agreement that lasts until December 31, 2021 at the latest. In these cases, deferral interest is generally not charged.
Deferrals beyond June 30, 2021 – without installment payment agreements – are possible, as in the usual application process, provided the necessary evidence, in particular regarding the economic circumstances, is provided.
