The government's draft for the Annual Tax Act 2024 contains numerous detailed changes, some of which will have consequences for most entrepreneurs, particularly with regard to VAT.

The draft Growth Opportunities Act approved by the Federal Cabinet contains additional improvements to depreciation and a number of other changes.

With a comprehensive tax amendment act, which primarily contains simplifications and simplifications, the German government wants to provide new growth impetus for the German economy.

The state coronavirus aid does not meet the requirements for reduced taxation of extraordinary income.

The final accounts for the bridging aid must be available by the end of June 2023 at the latest, while the deadline for the new start aid expired on March 31, 2023.

Self-employed persons, tradesmen and farmers and foresters usually receive the EPP by reducing the advance income tax payment for the III quarter of 2022.

The Fourth Corona Tax Relief Act primarily extends deadlines and existing Corona tax relief.

The investment period for investment deductions from 2017 and 2018 is expected to be extended until the end of 2022.

New start-up assistance is now open not only to solo self-employed persons, but also to small partnerships and corporations.

For business expenses, the same applies to the deduction of costs for initial training or studies as for income-related expenses, namely that the statutory deduction restriction is constitutional.