📋 Tender Overview
Most of the Federal Councilors have also sealed an extraordinary credit on the subject of inflation of up to 500 for the self-employed with corresponding detailed regulations. Graduated according to contribution bases between 566 and 2900 in the Commercial Social Insurance Act and in the Farmers Social Insurance Act this credit should be made once to relieve the self-employed and farmers via their respective social insurance or credited to the contribution account. The measure should be analogous to the one-off cost-of-living tax credit for low-income workers which was only recently decided. The staggering of the credit starts with a contribution basis of 566 with 160 with a contribution basis between 1200 and 2100 the credit amount should be 500 . Up to 2900 it drops to 100.The package of measures also adopted by the majority of the state chamber in this years tax amendment law ranges from the extension of the increased sixth of the year for short-time work to tax exemptions for international train tickets. In the case of weekly monthly or annual network tickets for public transport which are used both for business trips and private trips 50 of the expenses should in future be deductible as business expenses. In addition smaller photovoltaic systems with a maximum of 12500 kWh are to be exempt from income tax in the future. Other adjustments relate among other things to the new regulation of the research premium from which start-ups in particular should benefit. In addition health promotion measures by private foundations are tax-free.Adjustments that have to be made as a result of the repeal of the Vaccination Act affect provisions for the issuance of COVID-19 risk certificates. In addition the applicable cost reimbursement regulation for health insurance companies will be extended until the end of 2022 although there are currently no plans to leave work for COVID-19 risk groups anyway.EU legal adjustments in the Securities Supervision Act and in the Investment Fund ActWith an amendment to the Securities Supervision Act in 2018 more emphasis should be placed on the sustainability of financial instruments. Investment firms and credit institutions that design and sell financial instruments will have to include potential sustainability factors when approving products and identify the relevant target groups. The sustainability factors of a financial instrument should be presented transparently so that the distributor can easily provide his potential customers with the relevant information according to the government bill which was unanimously adopted in the chamber of the federal states. This is an EU legal adjustment in the area of the European Directive on Markets in Financial Instruments MiFID II.A further EU legal adjustment in the Investment Funds Act 2011 in the Alternative Investment Funds Manager Act and in the Real Estate Investment Funds Act which the majority of Federal Councilors spoke out in favor of should also bring more sustainability . In concrete terms management companies and investment companies should consider limit and control the effects of sustainability risks on the value of an investment and prevent associated conflicts of interest according to the explanatory statement. To avoid administrative effort it is stipulated that no customer information document KID needs to be created if a key information document has been created.
