Extension of bonus for loss of profits (“Ausfallbonus”), compensation for loss of profits (“Verlustersatz”) and other aid measures.

Unfortunately new economic aids are required due to the lockdown. We will provide you with a short overview of the known extensions and expansions.

Extension of the compensation for loss of profits (“Verlustersatz”) until March 2022

• January until March 2022 are included in the extension
• Drop in sales must be at least 40% (compared to 2019)
• Replacement rate of 70 to 90% of losses
• Maximum of 12 Milliont EUR (instead of 10 Million EUR)
• Time period: January to March 2022
• Application at the beginning of 2022
• Payout in two tranches – However, it is not mandatory to apply for the compensation for loss of profits (“Verlustersatz”) under the first tranche, it is also possible to apply for the entire loss compensation with a single application under the second tranche.

Tipp: Download FAQs  for the extension of the compensation for loss of profits (“Verlustersatz”) until March 2022

Extension of bonus for loss of profits (“Ausfallbonus”) until March 2022 (Ausfallbonus III)

• The extension oft the bonus for loss of profits (“Ausfallbonus”) is valid for the period of November 2021 to March 2022
• Drop in sales has to be at least 40% (compared to 2019)
• Cap of 80.000,00  EUR a month – Attention: Consideration short-time work allowances
• Maximum of 2,3 Millionen EUR (instead of 1,8 Million EUR)
• Application starting from December 16^th 2021

Tipp: Download FAQs  for the extension of the bonus for loss of profits (Ausfallsbonus III)

Reactivation of the fund for hardship cas (“Härtefallfonds“)

• The fund of hardship case (” Härtefallfonds”), which has ended on October 31st 2021 hast been reactivated.
• For the period of November 2021 to march 2022
• The drop in income has to be at least 40% or the ongoing costs higher than can be covered
• Compensation rate of 80% plus 100 EUR of the net income drop
• Maximum of 2.000 EUR, minimum 600 EUR

The according final regulations have not yet been published.

Other instruments and informations

THE NPO-subsidy and the organizer protective screen (“Veranstalter-Schutzschirm”) have also been extended until March 2022.

Attention: If funded companies don´t abide the COVID-regulations, the aids have to be refunded. If a company receives an administrative penalty e.g. connected to the 2G-checks, the aids have to be refunded for the respective months.