The economy is expected to be relieved of around 420 million euros per year.

The economy is expected to benefit from approximately €420 million in annual relief. (Photo: © auremar/123RF.com)

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Federal government adopts bureaucracy relief regulation

The Federal Cabinet has approved further measures to reduce bureaucracy. The easing of food information requirements is particularly important for the skilled trades.

In addition to the Bureaucracy Reduction Act IV has Federal government now one Bureaucracy Reduction Ordinance The draft came from the Federal Ministry of Justice, which brought together proposals from various ministries. The regulation contains 32 legal changes, which for legal reasons cannot be issued by law, but only by regulation. The economy is expected to benefit from the regulations by about EUR 420 million a year. 

Bureaucracy Reduction OrdinanceRead the Text of the regulation.According to the BMJ, the largest share, around 400 million euros annually, goes to the Regulations to facilitate invoicing by tax advisors. They should be processed more easily and completely digitally. With the Raising reporting thresholds for capital and payment transactions in the Foreign Trade and Payments Ordinance The economy will be relieved by a further 14 million euros per year. A relief of around six million euros per year is to be Change in food law which enables electronic information on ingredients and processing aids.

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The regulation is the last component of the Meseberg relief package, which will support the economy by 3,5 billion euros exonerates, explains Federal Minister of Justice Marco Buschmann (FDP). "Compared to the first draft regulation, we have increased the relief volume by increased by several hundred million euros. We will continue in this spirit. Our next goal is a powerful Annual Bureaucracy Relief Act 2025Because I am convinced that with annual bureaucracy reduction laws, we can provide lasting and substantial relief."

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Text: / handwerksblatt.de

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