Provision free transfer to family members - business use
May 5, 2012 | 25,00 EUR | answered by Dr. Yanqiong Bolik
Hello,
I run an online shop and have a storage room in the basement of about 50 square meters. Since several costly maintenance works have been carried out there, I would like to deduct the costs through my company. The problem is that I am not the owner of the house, only my husband is. Do I need to sign a lease agreement for the commercially used space and pay rent? Or can my husband provide me with the space free of charge? Does this need to be done in writing?
Thank you for your response.
Dear inquirer,
Thank you for your inquiry, which I am happy to answer taking into account your contribution and the rules of this platform.
Please note that my explanation is based on the facts presented, and that adding, omitting, changing information, or the ambiguity of the information can change the tax result.
According to § 4 Abs. 4 EStG, operating expenses are the expenses caused by the operation. You can also claim the maintenance costs for the storage room as operating expenses, if you can credibly demonstrate to the tax authorities that the cellar room is used exclusively for your business and that the maintenance work is necessary for your business. Please consider the following:
- The recipient of the invoice should be your company.
- It is best to pay the invoice from your business account.
I hope I could assist you.
If there are still uncertainties, please feel free to use the follow-up function.
Sincerely,
Dr. Yanqiong Bolik
Tax consultant
Bildstöckle 6, 70567 Stuttgart
Tel: +49 (0)711 / 2132 1815
Email: info@zdbz.de
www.steuerberatung.zdbz.de
