Ask a tax advisor on the topic of Other questions to tax advisors

logbook

February 3, 2011 | 20,00 EUR | answered by Michael Herrmann

Hello,

I am a sole proprietor (IT + computer science) and have to pay sales tax every 3 months. I make almost 50,000 euros in revenue per year. In April 2009, I bought a company car for 28,000 euros and received the input tax credit. The tax office applied the 1 percent rule for 2009. Since 2010, I have been keeping a recognized electronic trip log. How should the trip log be reconciled with the tax office at the end of the year so that the 1 percent rule no longer applies?

Best regards

Michael Herrmann

Dear inquirer,

First of all, thank you for your inquiry, which I would be happy to answer based on the information provided and in the context of your initial consultation. The response is based on the facts presented. Missing or incorrect information regarding the actual circumstances can affect the legal outcome.

You determine the percentage of private trips based on the entries in the travel log. According to this percentage, you book income from non-monetary benefits (use of the vehicle) up to the actual expenses for the vehicle.
These income are only subject to VAT if input tax deduction was possible from the underlying costs. The costs are therefore initially to be divided into taxable and tax-exempt expenses (e.g. insurance).

I hope that these details have provided you with a sufficient overview of the situation in the context of your involvement and this initial consultation.

Best regards,

Michael Herrmann
Diploma in Financial Management (FH)
Tax advisor