News at a glance

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, as they have so far received mostly nothing or very little help in the form of bridging aid, as they have few fixed costs. The economic aid is paid out as a one-off lump sum. The affected persons are to be helped simply and unbureaucratically. In order to keep the procedure simple, these costs are approximated via the comparative turnover in the previous year.

  • How is solo independent ones helped, which cannot make fixed costs valid
  • Which self-employed persons qualify for the start-up assistance?
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Quarantine, who pays the salary?

The second wave is just rolling in – there is currently no improvement in sight. In this context the questions arise,

  • whether the employer must continue to pay the remuneration during a quarantine
  • whether he/she may be entitled to a refund or
  • whether he also has to pay if the employee returns from a risk area.

To contain the pandemic, the responsible authorities can order quarantine for both acutely ill and potentially infected persons. The legal basis for this is the Infection Protection Act (IfSG) in conjunction with the respective state ordinance.

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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.

However, the applications are to be submitted shortly via the nationwide platform of the bridging assistance. Payment will be made by the federal states via the bridging assistance platform.

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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.

In addition, the KfW fast loan will also be made available to companies with less than 10 employees. For this loan, the Federal Government assumes full liability. In this respect, this is an interesting option for companies that cannot or do not want to provide collateral.

Furthermore the bridging assistance III (until mid 2021) for certain industries is announced.

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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. Dr. Christopher Arendt explains in detail

  • who is affected by data exchange with Turkey?
  • what can happen if you do not react in time?
  • which experiences and particularities already exist with Turkish clients?

All information of the BR contribution, as well as the entire interview.

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