On July 1, 2021, the Act Amending the Real Estate Transfer Tax Act will come into force. This contains extensive new regulations for the acquisition of shares in real estate holding partnerships and corporations.
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Category: Tax consultancy
Tax data from Dubai: tax authorities are currently evaluating sensitive data
The last prominent data acquisition was some time ago. Many may still remember the acquisition of bank information from Switzerland. The state government of North Rhine-Westphalia was particularly prominent in this regard. The data purchase was and is highly controversial and even involved the Federal Constitutional Court. The acquired information has flushed billions into the state coffers.
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Salary extras – What benefits can I pay my employees in addition to their salary?
Particularly with regard to personnel recruitment, employers can offer additional, attractive benefits that go beyond mere payment in the form of salary.
With selected salary extras, employees’ pay can be optimized through tax-privileged and social security-free benefits to achieve a higher net payout. Employers can thus reward employees for good work performance,
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From cryptocurrency to crypto art: seeing through digital returns
The Corona pandemic does have its positive sides: Thanks to it, digitization has progressed rapidly and has found its way into all areas of life. We now work mainly remotely, buy more online, and invest more in stocks. Moreover, it is still trendy to trade in cryptocurrency.
In this context,
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Fight against time: Last chance to avoid prosecution in Germany by filing a voluntary declaration
Now the time has come. The final step on the part of Turkey has been taken. The agreement on the automatic exchange of information (AEOI), which Turkey ratified back in 2017, will now actually be implemented. The Turkish President, Recep Tayyip Erdogan, personally ordered the execution of the relevant decision by decree on May 31,
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Learn more about ACCONSIS: Annual report 2020
The ACCONSIS Annual Report 2020 is available. Read the latest on our figures, data and facts. We also give you many exciting insights into our strategic developments of the business areas and our visions for the future.
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Welcome, convocat! ACCONSIS expands its consulting expertise
The ACCONSIS family is growing! By merging with convocat – the law firm of Agnes Fischl-Obermayer, lawyer and tax consultant, and Regine Funke-Lachotzki, chartered accountant and tax consultant – ACCONSIS not only strengthens its team, but also significantly expands its expertise in tax, real estate and inheritance law.
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Farewell to an extraordinary entrepreneurial spirit
Entrepreneur Wolfgang Stamnitz passed away on Sunday, April 18, 202 from cardiac arrest. At his desk. Suddenly and unexpectedly.
Wolfgang Stamnitz was chairman of the board of ACCONSIS in Munich. Together with his partners Stefan Herzer and Dr. Andreas Hofner, he was a pioneer of modern client-oriented tax and legal consulting and auditing.
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We say goodbye to Board Member Wolfgang Stamnitz.
On Sunday, April 18, 2021, Wolfgang Stamnitz, co-founder and Chairman of the Board of ACCONSIS, passed away suddenly and unexpectedly.
As an entrepreneurial personality, he played a significant role in the success and continuous growth that has characterized ACCONSIS and its Munich-based predecessor company for 60 years.
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Überbrückungshilfe/Bridging assistance III: Eligible digitization and hygiene measures
The Corona crisis continues to pose significant challenges for many companies. Lockdowns, contact restrictions, heightened hygiene approaches: The necessary and at the same time existence-threatening measures to contain the pandemic are leading to major revenue losses for many companies.
However, the current Überbrückungshilfe / bridging assistance III can help to compensate for or at least limit these sales losses.
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Company bicycle for private use – what taxation rules apply?
Every employer can provide its employees with a company bicycle for private use free of charge or at a reduced price. The resulting benefit in money’s worth is then part of the taxable wages.
So-called pedelecs are operated with a max. 250 watt motor and are limited to a speed of 25 km/h.
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Überbrückungshilfen / Bridging Assistance II and III: Proactive Design and Use of Opportunities
The current decisions of the federal government to extend the closures of restaurants and hotels, as well as the restrictions on retail trade, are causing enormous frustration among the entrepreneurs affected. Many hopes have vanished and major (financial) worries are becoming even greater.
It is all the more important now to really make use of all the options offered by the state’s Bridging Assistance in a proactive and goal-oriented manner!
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Casual landlords – Airbnb & rental portals targeted by tax authorities!
INSIDER online event on March 24, 2021 on the topic.
Due to the greater response to the article “Airbnb – The tax office knows who you rented to last summer!” – we are once again expanding our comments to include the following points:
After we have so far dealt in particular with the issues surrounding the investigative measures of the German tax authorities and the resulting tax obligations or consequences under criminal tax law,
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Überbrückungshilfe III / Bridging Assistance III – Background Information & Overview
Überbrückungshilfe/ Bridging assistance –
improved, expanded and topped up!
We have summarized the most important points for you in the following text.
A term sheet and annex have been published for Überbrückungshilfe/ Bridging Assistance III, as well as an overview of the planned simplifications and increases to Bridging Assistance III.
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VAT change & adjustments: Return to 19% or 7% from 01.01.2021!
On 31.12.2020 the low tax phase of the VAT ended. For all transactions carried out from 01.01.2021, the former VAT rates of 19% or 7% will apply again.
However, the reduced rate of 7% will be applied to restaurant and catering services (excluding beverages) in the period from 01.01.2021 to 31.12.2022.
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Corona crisis – Working from home: Home office & Co – what rules apply?
In order to contain the corona pandemic and reduce social contacts – also in the work environment – the Bundesministerium für Arbeit und Soziales/ German Federal Ministry of Labor and Social Affairs (BMAS) has issued the Corona-Arbeitsschutzverordnung/ Corona Occupational Health and Safety Ordinance (Corona-ArbSchV). This also contains regulations on home office.
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Airbnb – The tax office knows who you rented to last summer!
The Bayerische Rundfunk reports on the topic of “Airbnb” in its article “Airbnb landlords targeted by tax investigators” on B5 aktuell and the BR24 app. Dr. Christopher Arendt, specialist tax lawyer at ACCONSIS explains:
- What led to the current situation? How can the tax office determine that I have generated income with Airbnb?
What are the changes in 2021?
The new year brings with it a number of changes in payroll tax and social security law. We have summarized the most relevant changes in 2021 for you here. Here are the most important facts and key data:
- Increase in the general minimum wage
- Elimination of solidarity surcharge
- Electromobility: increase in monthly flat rates for charging
- Increase of the distance allowance
- Mobility bonus as an alternative to the distance allowance
- Increase in relief amount for single parents
- Contribution rates and levy rates in 2021
November assistance and new start assistance for solo self-employed
In view of the dynamic occurrence of infection, the federal government and the states have decided on measures to break the wave of infection. For certain industries, this includes temporary closures. With the extraordinary economic aid, the solo self-employed are now also being supported.
Many solo self-employed people are waiting for this information,
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Surprise mail from the tax office – where did they get the information about my foreign account?
Today, the German tax office can access high-quality data on foreign accounts and systematically evaluate this data. The Federal Central Tax Office is currently evaluating 1.1 million messages from this data exchange.
We are currently experiencing the effects of implementing this data exchange.
After the first measures of data exchange on financial matters between European and non-European countries have already taken place in the past,
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Extraordinary Corona Economic Aid November
The extraordinary Corona Economic Assistance for the month of November 2020 offers further important support for companies, businesses, self-employed persons, associations and institutions that are particularly affected by the current Corona restrictions. The details and conditions of the Corona Economic Aid November are now fixed.
The application for Corona Economic Assistance November must be submitted by the tax consultant or auditor and is currently not yet possible.
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For all, which must close starting from 2.11., the again announced Corona economic aids are extremely interesting!
Companies affected by the temporary closure, such as the catering industry, are to receive 75% of November 2019 revenues.
It is expected that applications will again be submitted via the bridging assistance platform. However, this platform must first be programmed for this purpose. Bridging assistance and short-time working allowance (KuG) will be deducted from the reimbursement amount.
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Will Turkey become the new Switzerland?
To the topic data exchange (with Turkey) the Bavarian broadcast reports on the topic “tax evasion: Turkey also reports soon account data” on B5 aktuell, as well as the BR24 App.
The contribution is based on an interview on the current situation with Dr. Christopher Arendt, specialist lawyer for tax law of ACCONSIS in Munich.
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Corona bonus for employees – what are the conditions?
Due to the current corona crisis, employers can pay their employees aid or support in the form of a corona premium for employees up to a total amount of EUR 1,500 until 31.12.2020, either tax-free and non-contributory in the social security system or as a tax-free payment in kind.
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Data exchange with Turkey: voluntary disclosure protects against prosecution
In the middle of this year, the Federal Ministry of Finance declared that the Automatic Exchange of Information (AIA) will be expanded to include new countries from autumn 2020. The focus will be on data exchange with Turkey.
We have therefore asked Dr. Christopher Arendt, attorney, tax law specialist and managing director of ACCONSIS in Munich,
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Bridging aid Corona (Phase 2) is extended, expanded and simplified
On September 18, 2020, the Federal Ministry of Economics and Energy (BMWi) informed about the extension and expansion of the bridging assistance provided by the Federal Government for the months September to December 2020, whereby the access conditions will be lowered and the assistance expanded.
The aid programme (Bridging Assistance II) supports small and medium-sized enterprises as well as solo self-employed and freelancers who are particularly hard hit by the measures to combat corona with non-repayable grants towards fixed operating costs.
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Application deadline for “Überbrückungshilfe Corona” – this is non-refundable!
The application period for the bridging aid Corona will be extended according to the meeting of the coalition committee on 25.08.2020. The decision provides that the duration of the bridging aid program for small and medium-sized enterprises will not end until 31.12.2020.
Applications for the Corona bridging assistance program have been possible since July 2020 at the Bavarian Ministry of Economic Affairs.
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What changes in short-time work and short-time allowance?
We have summarized all the changes in short-time working and short-time allowance for you. This applies in detail:
- the increase in the short-time working allowance
- the new rules for new mini-jobs during short-time work in the main job
- a summary of the recording obligation for marginally employed and short-term workers
You can find all details here.
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The next wave of voluntary declarations to the tax office is foreseeable!
Since 2014, 100 countries have committed themselves to exchange information from account holders among themselves in the framework of the Automatic Information Exchange (AIA). This OECD measure ensures greater transparency in international money transactions and, as seen in the example with Switzerland, has also resulted in numerous cases of voluntary disclosure to the tax authorities.
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Value added tax reduction – you have to consider that from 01.07.2020!
In order to revive the economy after the corona shock of the last few months, the German government adopted a comprehensive fiscal stimulus package on June 12, 2020. A central part of these measures is the temporary reduction of the statutory value-added tax within the framework of the standard tax rate from currently 19 % to 16 % and the reduced tax rate from 7 % to 5 %.
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Travel costs 2020 – what should be considered?
After the restrictions of the last few weeks, many companies are starting their everyday life again. Business trips are still a big part of many employees’ daily work. We have compiled a brief overview of what exactly has to be taken into account when it comes to travel costs, food expenses,
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Non-repayable ‘Überbrückungshilfe Corona’
On 12 June 2020, the German government adopted the key points for the “bridging aid for small and medium-sized enterprises which have to cease their business operations completely or to a significant extent in the course of the Corona crisis”.
The bridging assistance is a cross-sectoral grant programme with a duration of three months (June to August 2020) and a maximum programme volume of 25 billion euros.
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Changes in labour law by Corona
Corona has us and our everyday life firmly under control! Labour law is also affected by this.
Below is a summary of some of the drastic changes and adjustments due to Corona.
Again, excellent: Digital DATEV Law Firm 2020
The label was awarded by DATEV for the first time in 2019 and we are pleased to have received the seal again in the second year of the award.
The award is tied to annually redefined criteria that show who in the industry actually has digital competence in the market and thus distinguishes themselves strongly from other market competitors.
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100% subsidised advice: up to 4,000 euros without own contribution
We recommend using the free advice up to a volume of 4,000 euros to find ways out of the Corona crisis. The funding is provided by the German Federal Government. As a consultant you have to be approved for the BAFA programme – ACCONSIS GmbH Wirtschaftsprüfungsgesellschaft fulfils this requirement and supports you in the application process or takes over the application for funding for you.
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Our recommendation: Rapid application for emergency loans
Since last week, companies can apply for emergency loans from the KfW, which are then disbursed as quickly as possible via their house banks. Since then, the banks have been overrun by applications for the KfW emergency loans to cope with the Corona crisis. On the first day of the aid programme Deutsche Bank alone received more than 5300 applications from companies.
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Crisis situations require fast help & support – ACCONSIS Corona Task Force
The spread of the coronavirus (COVID-19) poses challenges and raises many questions for us all. ACCONSIS has therefore reacted immediately and formed the ‘ACCONSIS Corona Task Force‘ to help and support you.
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Corona! Quarantine, closed schools/ daycare centres – who pays the salary?
Questions and answers concerning home office, paid/unpaid leave, quarantine, closed schools/kindergartens and what this means for continued pay.
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Spread of coronavirus – ACCONSIS Home Office
Due to the classification of the coronavirus (COVID-19) as a pandemic, we would like to inform you which precautions ACCONSIS is taking to protect our customers, partners and employees from the unnecessary risk of infection.
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Minijob aktuell – Wichtige Anforderungen für die Beschäftigung von Minijobbern
Der Gesetzgeber hatte bereits am 21.11.2018 neue „Geringfügigkeits-Richtlinien“ ausgegeben und klar gestellt, welche zusätzlichen Anforderungen ab 2019 an ein solches Anstellungsverhältnis gestellt werden.
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Zum 01.02.2020 Brexit in Kraft
Zum 01.02.2020 soll der Brexit in Kraft treten. UK hat alle rechtlichen Voraussetzungen dafür geschaffen, es steht nur noch die Zustimmung des Europäischen Parlaments am 29.01.2020 aus, die aber als Formsache gilt. Uk ist dann nicht mehr Mitglied der EU, aber mit einem Austrittsabkommen, d.h. es ist kein harter Brexit.
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Neue Krankheit – neue Entgeltfortzahlung im Krankheitsfall, oder doch nicht?
Grundsätzlich erhält ein Arbeitnehmer im Krankheitsfall für die Dauer von 6 Wochen seine Vergütung weiterbezahlt (sogenannte Entgeltfortzahlung im Krankheitsfall).
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Änderungen zum Jahreswechsel 2019/2020
Der Jahreswechsel steht an und wie jedes Jahr sind damit auch einige Veränderungen und Anpassungen im Lohnbereich vorzunehmen. Die wichtigsten Themen stellen wir kurz vor.
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