Small business owner
June 27, 2012 | 30,00 EUR | answered by Dr. Yanqiong Bolik
Hello,
I kindly request answers to the following questions or clarification on the following matter:
I have been a small business owner since 01.2008 according to my tax return and EÜR. The revenue has remained below €17,500 from 2008 to 2011.
2008 - Small business owner with revenue below €17,500
2009 - Small business owner with revenue below €17,500
2010 - Small business owner with revenue below €17,500
2011 - Small business owner with revenue below €17,500
2012 - Small business owner with revenue below €50,000
What about 2013?
In 2012, the revenue will remain below €50,000, but in July 2012, the revenue will already be €21,000. Do I need to notify the tax office about this now? And how should I proceed without a tax advisor in 2013?
Can I deduct expenses for yard and driveway maintenance (other operational expenses)?
Thank you in advance for your efforts and I look forward to your response.
Best regards
Dear inquirer,
Thank you for your inquiry, which I am happy to answer taking into consideration your contribution and the rules of this platform.
Please note that my explanation is based on the situation presented, and that adding, omitting, changing information, or the ambiguity of the information can change the tax result.
The requirements for the small business regulation are that the entrepreneur's turnover did not exceed 17,500 euros in the previous calendar year and is not expected to exceed 50,000 euros in the current calendar year. These requirements will not be met in 2013. You will not be considered a small business according to §19 UStG in 2013.
You should inform the tax office of this situation and explain which tax procedure (cash or accrual accounting) you choose. You will receive feedback from the tax office informing you what you need to do in terms of VAT. In 2013, you should separately indicate VAT according to §14 UStG on the invoice and submit reports/VAT payments to the tax office on time.
If new outdoor facilities are created by paving and road construction on the company premises, these are considered production costs for outdoor facilities. The costs are booked to the "Outdoor Facilities" account and depreciated over the usual useful life. The depreciation amount is considered a business expense.
I hope I could assist you.
If there are still any uncertainties, please feel free to use the follow-up function.
Best regards,
Dr. Yanqiong Bolik
Tax consultant
Bildstöckle 6, 70567 Stuttgart
Tel: +49 (0)711 / 2132 1815
Email: info@zdbz.de
www.steuerberatung.zdbz.de
