Recalculate tax interest
The previous interest rate of 0.5% per month was declared incompatible by the Federal Constitutional Court. The interest rate will be reduced retrospectively for interest periods from January 1, 2019 to 0.15% per month through new statutory regulations ....
The previous interest rate of 0.5% per month was declared incompatible by the Federal Constitutional Court. The interest rate will be reduced retrospectively for interest periods from January 1, 2019 to 0.15% per month through new statutory regulations .
- The demanding technical implementation of the new legal regulation takes place at different times in all federal states.
- If you meet the requirements for the reduction of the interest already fixed, the interest will be recalculated automatically .
- You will receive an amended notification with explanations for the calculation of interest on arrears.
- You will automatically receive the notices with explanations on how the interest rate is set.
- Delivery will take place from mid-February to March 2023.
- A change in the rate of interest will only be in your favour . An application is not necessary.
- If an interest refund is calculated for you, this will be refunded to the account known to the tax office. If no account details are stored, your tax office will contact you.
- Interest on arrears already paid will be reduced. You will not receive any interest on the reimbursement (no compound interest) .
Important notes
Prerequisites
Citizens who have paid interest on arrears in the amount of 0.5% per month for the interest periods from 01.01.2019 until the changeover date.
Documents required
no
Please note
no
Deadlines
no
Procedure & Fees
Procedure
You don't have to do anything or submit any applications . If a recalculation of the interest in your favor is required, this will be done automatically, provided that the conditions are met.
Processing time
Automatic implementation of the correction notifications in the first quarter of 2023
Fees
no
Legal notes
Legal remedies
If necessary, objection or request for a simple change
Legal basis
§ 233a AO
§ 238 AO
Second law amending the tax code and the introductory law to the tax code of July 12, 2022
Article 97 § 15 paragraph 16 EGAO
Downloads & Links
Links on hamburg.de
Links on the Internet
Find out your responsible facility
Keywords: full interest Recalculate interest rate setting interest rate confidentiality protection Tax office recalculation interest
Last updated: 12.05.2024