Families should again receive a child bonus in the corona crisis.
The leaders of the CDU / CSU and SPD agreed on this at their first coalition committee of the year.
Because of the corona crisis, families with children should continue to receive financial support.
As in the previous year, families receive a child bonus.
This time the surcharge on child benefit should be 150 euros.
Groko decides on a new 150 euro child bonus for families
Update from February 4, 2021:
The grand coalition wants to cushion the negative consequences of the corona pandemic for those particularly affected with new aids.
The leaders of the CDU / CSU and SPD agreed on Wednesday at their first coalition committee of the year to support families worth billions.
This is
planned according to
one of the
resolutions
:
As in the previous year, families will receive a child bonus
, as reported by the German Press Agency (dpa).
The
surcharge on child benefit * should therefore be 150 euros once
.
It is offset against the tax-free child allowance, but not counted towards the basic security.
Last year the one-time payment was 300 euros.
You can also read
: Families take note: This is how the child bonus affects your tax return
Corona child bonus of 300 euros - payout in two installments
Update from September 7th, 2020:
On Monday, the nationwide payment of the
Corona child benefit will take place
.
began.
Who is responsible for the transfer, what the exact date depends on and other important information can be found here *.
Update from September 4th, 2020:
The
child bonus for families will be paid out
from September and October
.
Find out more information about the child bonus and when the first and second installments are due here.
Update from June 29th, 2020:
The Bundestag has decided on important parts of the economic stimulus package - including the
child bonus
of 300 euros for every child entitled to child benefit, as reported by "Tagesschau.de".
The first 200 euros should therefore be paid in September with the child benefit, the remaining 100 euros in October.
The child bonus will not be counted towards the basic security, but with higher earners it will be offset against the tax child allowance - which should benefit families with less money in particular.
Also read:
Child benefit should increase in 2021: This is how much money parents should get for their children
Coron: Cabinet wants to decide on child bonus
Update from June 12th, 2020:
On Friday the
federal government
wants to bring
new reliefs due to the
corona crisis
on the way.
It has to be done quickly - because some measures should take
effect
on July 1st
.
The planned
child bonus
is also an issue.
For example, families are to
receive
a supplement on
child benefit
in the next month
.
A
bonus of 300 euros per child is
planned - and this should come to the account in three installments.
The allowance is
offset against
the
child allowances
for
income
tax, but not counted towards the basic security, as reported by the German Press Agency (dpa).
As a result, low earners benefit more from the corona bonus than high earners.
The higher the parents' income, the less there is left of the extra payment after the tax return *.
According to the dpa, the full amount of 300 euros only remains if married parents with one child do not have an annual income of more than 67,800 euros.
From an income of around 85,900 euros, these parents no longer benefit from the child bonus.
After the
cabinet decision
on Friday, special sessions of the Bundestag and Bundesrat are planned.
Also read
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Update from June 9th, 2020: 300 euros extra per child - who benefits above all
According to the federal government's plans, families with children are to
receive
financial support
with the so-called
child bonus
.
"
300 euros per child
are expected to be paid out in three installments. The benefit is to be
linked
to the
child benefit
, which then increases three times by 100 euros per month," writes ntv.de.
The 300 euros extra per child will therefore be
offset against
the
child allowances
for
income
tax.
That means: Not all parents benefit equally from the additional service, as Uwe Rauhöft from the Federal Association of Wage Tax Aid Associations (BVL) explains on the portal.
Parents with lower
incomes
can look forward to
: "Unmarried parents benefit in full from the child bonus up to an income of around EUR 33,900," Rauhöft has calculated.
"Married parents benefit up to an income limit of 67,800 euros."
Read here
:
Child allowance: To which families is the money paid - and in what amount?
If parents deserve more, reports ntv.de, the
child allowances
usually
bring
more relief
through the
income tax assessment
than the child benefit paid over the course of the year.
For 2020, however, these parents will mostly continue to receive child benefit including child bonus.
"Only from an income of more than 85,900 euros do the tax exemptions for 2020 over and above the child benefit have a tax relief," said Rauhöft according to the portal.
For unmarried parents, this limit is 42,950 euros, writes the portal.
"From this income onwards, the
child bonus
initially paid
will
be fully offset again
in the
2020
income tax
return," the expert is quoted further there.
"As a result, the proposed bonus only benefits parents with low and middle incomes."
Read here
:
More money for families in the corona crisis: Are you familiar with the emergency child allowance
Update from June 5th, 2020: This is how the child bonus is paid out to families
In the Corona crisis, families with children should receive the so-called child bonus.
How is it paid out and who can expect what?
Families
will receive the planned
child bonus
of
300 euros per child
in the next few months, expected to be transferred to their account in three installments, as the German Press Agency (dpa) reported on Thursday.
Family Minister Franziska Giffey
announced the
first details
.
Read here:
Attention savers: What to keep in mind with negative interest rates - is it worth switching accounts?
The money will probably come together with the monthly
child benefit payment
, as dpa reported on Thursday.
"Then the account statement for the child benefit payment would not be 204 euros, but 304 euros over three months," said the SPD politician.
According to the report, it was still unclear whether the first money would be transferred in July or later.
One thing is certain: families with high incomes do not benefit.
In the case of a couple family with one child, they assume that up to a taxable income of 90,000 euros these families will still benefit from the child bonus, said Giffey, according to the report.
There are further details on the Corona economic stimulus program *.
Child bonus: families should know this
"The
child bonus
is socially fair," said Giffey according to the report.
High earners would not be taken advantage of.
Families with low and middle incomes would be strengthened.
The 300 euros extra per child should therefore
not
be offset
against Hartz IV benefits
.
For
tax
purposes, however, they are
offset against
the
child allowances
.
For high incomes, this means that in the end they have nothing from the special payment, reports dpa.
That is the background: the state pays child benefit on application until the children are 18 or until they have finished their education.
At the same time, there are so-called child tax allowances for parents (2019: € 7,620 per child).
These are deducted from the taxable income, which reduces the tax payable.
The tax office then automatically checks in the tax return whether the parents have more of the child benefit or more of the tax exemption.
With high earners, the tax exemption is more worthwhile.
If
child benefit has
nevertheless been
paid out, it will be collected again through the tax.
It should be done in a similar way with the
child bonus
, as dpa reported on Thursday.
Also read
:
Tax return 2019: These items will bring you back a lot of money from the state
Update from 4.6.2020: Child bonus planned for families
In the fight against the consequences of the Corona crisis, the coalition leaders have
agreed
on an
economic stimulus package
worth
billions
.
Among other things, a
child bonus is planned
, which provides that families receive money from the state because of the corona crisis - specifically, a
one-off
300 euros per child are
planned, as Spiegel Online reports.
The
bonus
should be
paid out
with the
child benefit
, it says there.
Read here:
Wage replacement payments for parents will be extended
Update from June 3, 2020: Coalition continues to advise on economic stimulus package
The coalition negotiations on the
multi-billion dollar stimulus package
will continue on Wednesday.
A possible
family
bonus had also been discussed in advance
- but nothing was decided on that on June 2nd either.
Chancellor Angela Merkel (CDU) and the top representatives of the SPD, CDU and CSU wanted to continue their meeting this Wednesday.
You can also read:
Coalition leaders agree to lower VAT in the Corona crisis
Article from June 2nd, 2020: Talking about family bonus - 300 euros per child?
The coalition is advising on a
billion-dollar injection for the economy
.
The heads of the black-red coalition want to decide on a billion-euro package on June 2 to stimulate the economy in the Corona crisis *.
In conversation: a so-called
family bonus
.
That could mean, for example, a one-off payment of
300 euros per child
to support families in crisis and to stimulate consumption.
The SPD is particularly committed to such a bonus.
But also some Union politicians have shown sympathy for it.
It could be discussed whether such a
bonus should
really be distributed to all
families
or only to families in need.
Read here:
Corona short-time work allowance: New decision decided - this applies to employees and the self-employed
Will the family bonus come in 2020?
What critics say
Meanwhile, while many in the Union had big stomach aches with their performance, the SPD wanted to pay the money to all families, BR Online also reported.
Accordingly, some experts also consider the family bonus to be wrong, with some calling for an end to homeschooling instead.
Background: One reason for the discussed family bonus, as BR Online also reports, was that parents could use the money to buy tablets or other devices for home cooling their children.
Working parents have a particularly difficult time in the Corona crisis *.
That is why they should be relieved, for example, through wage replacement payments *.
Sources: BR Online, dpa
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* Merkur.de is part of the nationwide Ippen central editorial network.