The Bundestag and Bundesrat have created the legal requirements to continue the rate reduction for income from agriculture and forestry after 2022.

For the third year in a row, the Federal Ministry of Labor is planning a contribution rate of 5.0 % for the artists' social security contribution.

Even in the case of a business transfer free of charge, the previous owner may incur subsequent business expenses in individual cases.

The Tax Reform Act will be supplemented by a further measure from the growth initiative, which provides for additional tax benefits for electric company cars.

From 2025, the tax authorities will provide the long-planned transmission option for reporting electronic recording systems, which means that the previously suspended reporting obligation will come into force from July 2025.

In future, it should also be possible to provide the information on the essential working conditions required under the Evidence Act in text form, i.e. by e-mail.

The German government wants to boost the economy with improved depreciation options and other measures.

The government draft for the Bureaucracy Relief Act IV is available, which, among other measures, is intended to shorten retention periods and ease VAT obligations.

The Tax Reform Act, which was briefly referred to as the Second Annual Tax Act 2024, primarily implements the first points of the growth initiative in tax law and adjusts the tax-free allowances and rate benchmarks for income tax.

The fee for the tax advisor who determines and declares the capital gain from the sale of a company share is one of the deductible costs of sale.