As an entrepreneur, can I request a postponement for the payment of tax?
If you run into payment problems as a result of the coronavirus crisis, you can request a deferral of payment from the Tax and Customs Administration until at least 1 July 2021 with regard to income tax, health insurance law, corporation tax, turnover tax and wage taxes (VAT), insurance tax, gambling tax, landlord levy, environmental tax, domestic excise and consumption tax non-alcoholic drinks. You can request a deferral of payment for more taxes at once.
In case a tax deferral of three months has already been granted, you can still request an extension until 1 July 2021. For entrepreneurs who had already received an extension earlier this year the postponement is now automatic until 1 July 2021.
A request for tax deferral in case of a tax debt that is higher than EUR 20.000 requires a third-party expert statement. This can for example be a statement by a tax consultant or accountant. The statement must show that the financial problems were mainly caused by the corona crisis. In addition, the statement should include a liquidity forecast.
The special deferral arrangement expires on 1 July 2021 at the latest. Tax obligations that arose on or after that date must be paid. After 1 July, you will receive a proposal for a payment arrangement for the debt accrued during the deferral. This debt can be repaid from 1 October 2021 to 1 October 2024.