Final settlement for Corona aid must be available by the end of September

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The deadline for claiming Corona aid has been extended one last time. Final accounts can now be submitted for the last time until September 30. This was agreed by the Federal Ministry for Economic Affairs and Climate Protection (BMWK) and the federal states. Industry organizations such as Tax advisorsauditors and lawyers, were involved. The state-owned investment bank Berlin IBB announced this on Monday.

The final accounts are necessary in order to compare the grants originally requested with those to which the applicants are actually entitled. This could lead to additional payments or repayments. The bureaucratic effort to check and make the final accounts for the various Corona aid will be reduced by the Investitionsbank Berlin. until at least 2030 It was announced a few days ago that they would be dealing with this problem.

There are currently around 20,100 final accounts of Corona economic aid pending in the state of Berlin, the development bank wrote in a statement. The final accounts will determine the final amount of funding for Companies affected by severe Corona-related sales declines and self-employed persons. If the final invoice is not submitted or not submitted on time, the entire subsidy must be repaid.

By extending the submission deadline, the third-party auditors and the companies have been given more time to finalize the processing of the Corona economic aid during a situation characterized by an already high workload and a need for skilled workers.

At the time, the federal and state governments, together with the approval authorities – in Berlin with the IBB – and in close coordination with the third-party auditors, acted quickly and decisively to support the economy during the pandemic and, as a result, to secure jobs. “All companies and third-party auditors in Berlin are called upon to make the most of the time and to complete the necessary final accounts and submit them on time,” the IBB wrote in a statement.

For Solo self-employed On May 17, 2021, the state of Berlin increased the federal government’s “restart” corona aid. On August 25, 2020, the IBB also launched a program with “corona aid for start-ups”. The funds could be used for investments and to co-finance running costs such as rent, personnel costs (including entrepreneur’s wages) and inventory (operating resources).

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