(Photo: © Elnur Amikishiyev/123RF.com)
Read aloud:
1 May 2023
Datev survey among tax consultants: Bureaucracy and overregulation are burdening small and medium-sized businesses. However, the biggest problem remains the shortage of skilled workers.
Those who probably know the current situation in small and medium-sized enterprises (SMEs) best are their tax advisors. The IT service provider Datev surveyed law firms throughout Germany about their clients' situation between the end of February and the beginning of March.
The survey revealed that the shortage of skilled workers remains the biggest burden for companies. They are also still struggling with high energy costs, staff shortages, supply chain problems, and rising interest rates. However, overregulation and bureaucracy were cited as the second most pressing issue after the skilled worker shortage. According to tax advisors, 76 percent of businesses are affected or even severely affected by these issues. In the last survey, these topics ranked fourth.
According to the latest Datev survey, only about one in four law firms (23 percent) has no company at risk among its clients. 74 percent of firms serve up to 20 percent of businesses at risk. On average, seven percent of companies are at risk.
“Conversely, this also means that 93 percent of businesses in Germany are currently not considered to be at acute risk. After the pandemic subsides and the war in Ukraine continues, this is not something to be taken for granted,” explains Prof. Dr. Robert Mayr , CEO of Datev eG. Datev is a cooperative provider of digital solutions for tax advisors, auditors, and their clients.
Craft policy
Operations management
Operations management
85 percent of businesses expect stable to positive economic development. Nine months ago, only 77 percent of firms assessed this.
DHB is now also available digitally! Simply click here and register for the digital DHB!
Newsletter
Write a comment