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Tax news, important deadlines and information about your finances.
For businesses that determine their profit using the cash-basis method (Einnahme-Uberschussrechnung), VAT prepayments also count as business expenses. It is important that VAT prepayments are allocated to the correct financial year ...
Are you entitled to recover input VAT? Make sure that your invoices, in addition to meeting the other requirements, contain a sufficient description of the service provided ...
Outsourcing your bookkeeping offers business owners the following advantages: You reduce personnel costs or can deploy your own staff more efficiently in the time freed up ...
When you can use the VAT margin scheme (Differenzbesteuerung): You trade commercially in movable tangible goods and purchase these, amongst other sources, without input tax deduction (e.g. from private individuals) ...
What is the investment deduction amount and how does it work? Companies can only finance investments from already-taxed profits. The investment deduction amount (Investitionsabzugsbetrag, IAB) makes it possible ...
More Take-Home from Gross Pay Are you frustrated by the tax and social security burden? You give an employee a pay rise of 100 euros, which costs you as an employer a total of 120 euros, yet in some cases the employee ends up with only 40 euros more in net pay ...
According to Focus Money, we are one of the 100 best tax firms in Germany! We are absolutely delighted with this award! Many thanks to our staff who made it possible ...
Is your company planning to deploy employees abroad? We provide an initial overview of the tax and social security regulations you need to observe ...
Below I have outlined what a VAT fiscal unity (Umsatzsteuer-Organschaft) is, what advantages it offers, the conditions under which it arises, and the new possibilities arising from a recent ruling of the Federal Fiscal Court (Bundesfinanzhof, BFH) ...
Are you a sole trader planning to open a second business in another EU member state? You should pay attention to your social security cover ...
Are you considering installing a photovoltaic system, or have you already installed one? We set out the tax consequences that arise and what you need to bear in mind in each case ...
What matters for you is: from what age and for what type of work you wish to employ a pupil willing to work. Children may ...
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