The federal government of Germany has pulled together a package of measures to further fight against the consequences of the global pandemic.
Part of the package, along with tax reductions and an increase of the retirement pensions is the so-called Kinderbonus, meant to help the families who have had to face, during the last months, difficulties related to the closing of schools and kitas and have had also to buy electronic devices to allow their children to proper online schooling.
The Kinderbonus is a lump sum of 300 euro per child, which will paid in three monthly instalments of 100 euro each.
Every parent already receiving the Kindergeld for the children is entitled to it and will receive it together with the usual monthly payment of the child allowance.
When? It has not yet been established when, maybe from July.
Every family is entitled to it, regardless of the income.
Those who receive the basic income (Harz IV) from the Jobcenter will receive the whole sum as well.
Good to know: the bonus is not tax-free and it has to be inserted in the yearly tax-declaration. Couples with an yearly income superior to 67.800 Euro will have to pay the taxes also for the Kindergeld and the Kinderbonus. Below this threshold they will have the sum tax-free.
The single parents will receive a further help: for the years 2020 and 2021the threshold for taxation (Entlastungsbeitrag) will be elevated from the actual 1.908 euro to 4000 euro.