The coronavirus hardly plays a role in everyday life, but it does in the Ministry of Economic Affairs. The deadline by which companies must submit the final statement for the aid they received during the pandemic through their tax advisors or auditors has been extended several times in recent years. The chapter is now scheduled to finally be closed on September 30th of this year. But the number of final bills still outstanding is still high. This is shown by figures from Robert Habeck’s (Greens) Ministry of Economics, which the F.A.Z. available. Around 300,000 final statements are still missing. 565,000 applications have already been submitted, and in 160,000 cases the federal state licensing authorities – mostly the state banks – have already completed the examination. The final accounts check whether the loss of income and fixed costs mentioned by the companies during the pandemic actually occurred. Repayment obligations amount to an average of 6,812 euros. According to figures from the Ministry of Economic Affairs, this was the case in 38 percent of the completed audits, the provisionally paid out The funding amount was therefore confirmed as correct. 40 percent of the settlements even ended with an additional payment for the company. The ministry says their average amount is 3,144 euros. In 21 percent of the settlements, the situation that companies fear also occurred: that aid would have to be paid back. On average, the repayment obligations amounted to 6,812 euros.More on the subject “The available interim results of the final accounts confirm: The Corona business aid granted quickly and unbureaucratically was realistically applied for in the vast majority of cases by the companies and the third parties who audited,” says Sven Giegold, the state secretary in Habeck’s ministry responsible for processing the aid. “The approach of trust and quick payment has proven successful.” However, the Ministry of Economic Affairs also points out that if the final settlement is not made on time, the aid would have to be repaid in full. The tax advisors are also keen to complete the final settlements. However, they criticize that the simplifications in the testing process, which were called for in mid-March, are still a long time coming in some federal states. “According to reports, many licensing authorities do not seem to want to implement the promised audit with a sense of proportion,” says Hartmut Schwab, President of the Federal Chamber of Tax Advisors. “The queries they receive are still impractical and block the process unnecessarily. This does not correspond to the agreement reached.” Among other things, it is about how many documents the testing centers request. This Tuesday there will be another discussion between the Ministry of Economics and the Chamber of Tax Consultants.
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