Corona

Hamburg extends tax relief for firms hit by pandemic

23 December 2021
Apply for tax relief in 2022 - around EUR 7 billion granted since coronavirus struck

Firms in Hamburg hit by the pandemic can submit applications for tax relief in 2022 as well, tax authorities in Hamburg announced in mid-December. Applications for adjusted advance income tax payments and corporation tax for interest-free deferral can be submitted in January. Enforcement orders for taxes due in late January have been suspended until late March. Individuals and companies that can prove to have been negatively affected by the pandemic can apply for tax relief in the New Year.

Around EUR 7 billion in tax relief

The extension is "good news for the economy amid the latest coronavirus wave", said Andreas Dressel, Senator for Finance. "Many companies have been hit hard. So it is good that we reacted quickly and unbureaucratically last year, especially with offers of tax relief," Dressel added. Around EUR 7 billion in tax relief has been granted so far and accounts for the largest share of all coronavirus aid.

tn/sb/pb

Sources and further information

Similar articles

People relaxing on grass in a city park with modern buildings and a red double-decker bus in the background.

Hamburg's economy to become climate-neutral by 2040

Chamber of Commerce adopts climate resolution - concrete measures from 2022
A large container ship loaded with cargo containers sails past a small sailboat on a sunny day.

Upswing in north German ports and shipping

Survey by Chamber of Industry and Commerce North notes concerns about shipbuilding
Aerial view of Hamburg harbour with the Elbphilharmonie concert hall and a container ship on the river Elbe.

Corona Protective Shield remains in place - EUR 46 million booster

More and extended aid for relaunching businesses in Hamburg
Sunset over a cityscape with historic buildings and a large body of water in the foreground.

Pandemic prompting more creativity and generosity in Hamburg

"Urban Creativity Now" playbook presents best practices for post-pandemic cities
The Consent Management Platform (https://app.usercentrics.eu/) we use could not be loaded. This can happen if AdBlockers incorrectly block this URL. Some features such as maps, proximity search or forms, cannot be used this way. To use these features, please deactivate your AdBlocker or allow access to *.usercentrics.eu.