Corona children's bonus in September 2020: How to determine your payout date

Start of the payout of the Corona child bonus: Since Monday (07.09.2020) parents of children who receive child benefit have received a EUR 300 surcharge in Germany.

Do all parents benefit equally?

• Parents with

  children who

  are subject

  to

  child benefit

  will receive a

  Corona child bonus in

  2020

  .

• EUR 300 per child

  has been paid out gradually since September 7, 2020.

• Here you can find out when you

  will receive

  the

  child bonus

  .

+++ 1:05 p.m.:

In a guest post on RP-Online, further criticism is exercised.

Önder Balkaya, who runs a website for crisis-plagued parents, says that the

nowhere near enough to cover the loss of

income due to the

lockdown.

A better option would have been to invest the money in schools.

For example, the equipment could have been renewed and improved, or teachers could have been trained to deal with the situation.

Long-term measures were a better form of investment.

As a result, one is better prepared for a possible second lockdown, which, should it come, could pose great financial difficulties for parents.

Payment dates for the Corona children's bonus in September 2020:

Criticism of the Corona child bonus: You could have invested the money better

Balkaya also compares the

with the reduced VAT.

From his point of view, the money spent on this would have been better invested than paid out to consumers.

Balkaya does not doubt that there are also families who urgently need the money.

However, he doubts whether it always matters to the children.

Overall, he is of the opinion that the federal and state governments are thinking too short-term and too little of the

, which, in his view, were only considered

at the

very end.

+++ 8:40 a.m.:

The left-wing social politician and chairwoman of the family committee in the Bundestag, Sabine Zimmermann, has

criticized

the

in the

as inadequate.

A one-time bonus of 300 euros could not even come close to offsetting the burden of the pandemic for families, she told the "Neue Osnabrücker Zeitung" (Monday).

The President of the German Institute for Economic Research (DIW), Marcel Fratzscher, on the other hand, defended the Federal Government's performance as "one of the smartest measures of the economic stimulus program".

The family benefits began on Monday with the gradual payment of the child bonus.

Families with children receive 200 euros per child this month, and another 100 euros in October. 

Payment dates for the Corona children's bonus in October 2020:

Corona child bonus for everyone who also receives child benefit: 300 euros per child

Update from Monday, September 7th, 2020, 7.30 a.m.:

Starting today, Monday, the family

in Germany will begin gradually paying out the

.

Families receive 200 euros per child in September and another 100 euros in October.

This is intended to cushion the economic consequences of the

for families and at the same time stimulate the economy.

In total, around 18 million children are eligible.

for which

benefit is

also

paid.

According to a

published on Sunday

, almost two thirds (61 percent) of recipients want to spend all or part of the money, while 39 percent want to save the amount.

More than every second respondent called the bonus sensible;

19 percent said the measure was unsuitable for mitigating the economic consequences of the corona crisis.

Corona child bonus will be paid out from today - parents receive a one-off payment

Update from 09/06/2020, 3:45 p.m.:

The

is paid out to parents

who received or are

in 2020

.

The 300 euros

paid

out in September and October 2020: 200 euros will be transferred in

, 100 euros will follow in

.

But when exactly is the money transferred?

The exact

depends on the

.

Meanwhile, Deutsche Bahn surprises with a million discounted tickets.

But these are only available for one group.

Corona child bonus will be paid out in September and October 2020

First report from September 6th, 2020:

Berlin - Almost two out of three recipients want to

directly re-issue

the one-time Corona

whole or in part.

This is shown by a survey on behalf of the Institut der Deutschen Wirtschaft (IW), which the dpa has received in Berlin.

1202 people were interviewed.

Corona child bonus: Parents receive 300 euros per child

From this Monday on, the family

gradually

pay out the

.

A total of 300 euros is to flow for around 18 million children.

The black-red coalition decided to take the measure as part of its economic stimulus package against the consequences of the

.

According to IW,

24 percent of respondents with a

want

to spend the entire

.

37 percent want to do this at least partially.

39 percent of the respondents said that they want to save the child bonus completely.

Corona child benefit bonus is intended to boost consumption

Those who

only want to spend part of

the

were also asked which part they want to spend exactly.

Around 10 percent of them want to spend up to a quarter of this on

.

Another 49 percent plan to spend 26 to 50 percent.

33 percent want to use 51 to 75 percent of the

for consumption.

According to IW, 8 percent intend to spend 76 to 99 percent of it.

The IW has calculated that all respondents who

will receive

the

for their children should

an average of 128 euros per child.

The amount increases to 210 euros per child if only those who want to spend the bonus in whole or in part are considered.

The

costs the state 4.3 billion euros.

Corona child bonus is intended to cushion the consequences of the corona crisis

Overall, according to IW, most of those surveyed rate the effect of the

positive.

Around 55 percent find this measure to be very useful or rather useful, "to mitigate the general economic consequences of the corona crisis".

Almost 19 percent do not find the measure useful.

@BMFSFJ you should urgently reconsider the rule on the #Kindergeldbonus.

Maintenance reduced by 100 €, #children's bonus not yet paid and the spontaneously scheduled class trip was canceled on September 4th.

due 🤷🏻‍♀️where of course the father does not have to pay anything.

Last contact with the child: 2017

- Fräulein Puschel 💕 at home 🏡 (@puschelizia) September 5, 2020

Further questions and answers about the Corona child bonus:

What if a child isn't born until December, for example?

Then there is also the

.

Payment is also made if there is no longer any entitlement to

in September

, for example because the child completed their education in July.

If you are not entitled to

in September but for other months of 2020

, the bonus may be paid out later.

Can high-income parents also keep the bonus in full?

No.

It is

offset against the child tax

as is the

.

The higher the income, the less there is,

.

Eight out of ten eligible families should benefit fully - for example, a couple with three children with an annual income of up to around 67,800 euros.

If you have a higher income, there is less left over, from 106,000 euros nothing more.

In the case of married parents with one child, from an annual income of € 86,000, nothing remains of the bonus.

On

is

does not count, the payments continue to run normally.

Is there always 300 euros more left over for single parents?

No.

The single parent who

receives

the

receives the

.

But if the other parent pays child support, they can deduct half of the bonus from it.

Single

criticizes that. Many single parents should have brought home office and homeschooling under one roof and were concerned about their existence, says chairwoman Daniela Jaspers.

"The child bonus is needed where the child has their center of life."

Is there any other criticism of the child bonus?

Yes.

"The

is not very targeted and also benefits families who are not financially dependent on it", complains the family expert of the German Institute for Economic Research, Katharina Spieß.

For others it is not enough.

The billion sum for the bonus is only used once.

Is the child bonus actually a new idea?

No.

Review of the

more than ten years ago: On Sunday, January 4th, 2009, the SPD made a surprising push for a 40 billion euro stimulus package.

Frank-Walter Steinmeier, then Vice Chancellor and SPD candidate for chancellor, presented the plans to Chancellor Angela Merkel (CDU) one day before a top coalition meeting in the Chancellery.

Included in the plans: a

of 200 euros.

With the initially skeptical Union, the SPD then agreed on 100 euros per child.

These were paid nationwide between April and June 2009. (FR / dpa)