Kurzarbeit 2.0
Less than a week elapsed since the system of wage subsidies available in case of reduced working time (with the commonly used expression from German: Kurzarbeit) was promulgated in the form of a Government Decree, but the concept was already subjected to a revision.
In the first round, the system intended to be introduced was not received with undivided enthusiasm on the part of economic operators. The scope of those eligible to the subsidy was too narrow, and the application procedure appeared to be overly complicated. Version 2.0, therefore, extended the scope of applicability and also introduced more relaxed administrative rules.
In the following, we only present the most important characteristics of the revised system, incorporating the changes. The decision, however, needs to be supported by calculations, in which Mazars can also be of assistance.
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