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Child bonus: second installment is due in October - is payment automatic?

2020-10-06T14:02:43.878Z


Many parents expect the second installment of the Corona child bonus in October. But is the second partial payment made to the affected families automatic?


Many parents expect the second installment of the Corona child bonus in October.

But is the second partial payment made to the affected families automatic?

  • Since September 7th, the family benefits have been paying out a child bonus * with the child benefit.

  • It will be a total of 300 euros per child - but divided into two installments.

  • The second installment will follow in October for many affected families.

Corona child bonus: Second rate for families in October

Update from October 6, 2020:

Many parents are likely to

have been happy

about the first payment of the

Corona child bonus

of 200 euros

in September

.

The

second payment of the child bonus

of 100 euros will

follow in October

.

The payout happens automatically, nothing needs to be requested or filled out, was the information in advance.

The

child bonus of a total of 300 euros is

intended to provide financial support for families with low incomes during the Corona crisis.

Read here:

Child benefit should increase in 2021: Parents should get this much money

Corona child bonus: money has been paid out since September 7th

Update from September 7th, 2020:

Parents who receive child benefit will receive a

Corona child bonus

in September 

.

From this Monday * (September 7th) 2020, the 

first installment of 200 euros per child should be

 paid.

In

October followed by another 100 euros

 - and does it automatically, as the German Press Agency (dpa) reported.

According to reports,

parents who

receive

child benefit

can

expect

the money to arrive on their account

from Monday

.

When the first payment of 200 euros will be transferred to you, the parents concerned can easily

read off

the

last digit of the child benefit number

.

Another 100 euros will follow in October.

The bonus for affected parents is part of the economic stimulus package, which is intended to stimulate consumption again after the corona lockdown.

For further reading

: Child bonus: that much is really left for single parents

Corona child bonus was decided by the federal government

Article dated August 18, 2020:

The federal government has decided on a one-time child benefit

bonus to

provide financial relief for families who are

entitled

to child benefit in times of the coronavirus pandemic.

Families with low and medium incomes should benefit in particular, as the one-off benefit of 300 euros is not offset against other family or social benefits

.

In the case of tax,

however

, the

bonus payment

is offset against the child allowances, which means that higher incomes ultimately have nothing from the special payment, as zeit.de informs.

"I hope the families will use the additional money for something that will bring joy to the children or the entire family", quoted Zeit Family Minister Franziska Giffey.  

The payment of the

Corona child bonus is

due to start

on September 7th

.

The sum of 300 euros will be paid out in two installments: in September it will be 200 euros, in October the remaining 100 euros will be transferred.

In total, the federal government will take around 4.3 billion euros for the one-time benefit for families

, according to the current estimate.

You can also

find out: Baukindergeld: That is how long parents are entitled to - they should be very quick now

Additional Corona child bonus for child benefit 2020: When does the first installment come?

You can find out when you can expect the first payment from the final digit of your child benefit number.

A zero means that you will receive 200 euros on September 7th.

Numbers ending with 1 to 9 have to be patient for a while, but the first installment of the

Corona child benefit should

also be transferred in the course of September.

“This is a welcome injection of finance for many families.

Especially in families who have to turn over every euro, the child bonus makes the decision a little easier to buy something for the children or to do something together, ”said SPD politician and Federal Family Minister Giffey.

This would also boost the economy - which is sorely needed in times of the current coronavirus pandemic.

Read here

: More money for children - but not only many parents can look forward to September

Criticism comes from the child protection association of the

Corona child bonus

:

The amount is too low

to improve the digital equipment of poor children and young people, quoted zeit.de President Heinz Hilgers.

(jg) * Merkur.de is part of the Germany-wide Ippen-Digital editorial network

For further reading:

Child bonus of 300 euros decided: When and how will the money be paid out to parents

?

Compact tax return: amendments, deadlines and submit retrospectively

Compact tax return: amendments, deadlines and submit retrospectively

Also interesting

: Child benefit should increase in 2021: this is how much money parents should get for their children.

List of rubric lists: © Bernd Wüstneck / dpa

Source: merkur

All life articles on 2020-10-06

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