The sharp rise in energy prices is putting many companies under pressure. Firms that have been particularly hard hit by the energy crisis can apply to their tax authorities to defer tax payments and to adjust advance payments.

In a letter sent on Thursday, the Federal Ministry of Finance asked the tax offices not to place any strict requirements on such applications by the end of March and to make a decision quickly. A retroactive reduction in advance payments for 2022 is also possible, according to the letter, which is available to the German Press Agency. In addition, the authorities could waive deferral interest. The prerequisite is that the company has always paid its taxes on time.

The sharp rise in energy prices is putting many companies under pressure. The federal government does not want to make their situation even more critical by making tax payments due. Similar rules already existed during the Corona crisis. Taxes will not be waived. Only a postponement is planned.

Pensioners in Germany will receive a one-time payment until December 15th. This should help cushion the burden of high prices. There are 300 euros. And the upper limit for midi jobs will be raised.

Combating high inflation effectively requires a single ingredient: determination. And it is precisely this word that describes the difference between American and European monetary policy. America is taking action – in Europe the boat is shaking.

Germany’s inflation has reached double digits. While this has long been normal for some EU countries, inflation in France is even slowing down. How can that be?

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