Special deferment of payment - new developments

As of 19 March 2020, entrepreneurs coping with liquidity problems due to corona crisis will be granted with three months deferment of corporate tax, income tax, turnover tax (vat) and payroll tax. The application for a special deferment of payment does no longer need to be supported by a motivation letter justifying the reasons for a deferment.

However, this request can be made only after tax return has been submitted and the receipt of the (additional) assessment is received. As soon as the request for postponement has been received by the Tax Authorities, the Tax Authorities will stop the collection. To make this process as simple as possible, we are still investigating how to further shape this.

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If you require more information, please feel free to contact your Mazars contact person. He or she will be able to assist you in submitting an application or bring you into contact with our experts. We will be happy to help you.

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