Can I also pay the tax advisor fees in installments?
May 30, 2022 | 60,00 EUR | answered by Siegfried Eckstein
Dear Sir or Madam,
my name is Emilia Huber and I am looking for a tax advisor who can help me with my tax matters. As I have always taken care of my tax return myself in the past and now face a complex situation, I have decided to seek professional help.
However, I am unsure if I can afford the services of a tax advisor at all. I am not exactly aware of the costs for a tax advisor and I wonder if it is possible to pay the tax advisor's fees in installments. Since I have a limited monthly budget as an employee, it would be a great relief for me if I did not have to pay the costs for tax advice all at once.
I would like to know if it is common to pay tax advisor fees in installments and if this is also possible for me as a private individual. Are there specific conditions I need to consider if I want to pay in installments? What alternatives are there if installment payment is not possible?
I would greatly appreciate your support and advice on this matter. Thank you in advance for your help.
Sincerely,
Emilia Huber
Dear Mrs. Huber,
Thank you for your inquiry regarding the costs of a tax advisor and the possibility of paying them in installments. It is understandable that you find yourself in a complex tax situation and require professional assistance. I would like to provide you with some information on this topic.
The costs for a tax advisor can vary depending on the complexity of the tax issues involved. Typically, fees are calculated according to the Tax Advisor Fee Regulation (StBVV), which sets the fee rates for a tax advisor's services. The costs may therefore be based on the time required for advising and handling your tax matters.
The good news is that it is indeed possible to pay tax advisor fees in installments. Many tax advisors offer their clients the option to pay for their services in convenient installments. It is important that you make individual agreements with your tax advisor and clarify the installment payment in advance. The tax advisor may set specific conditions for the installment payment, such as the number and amount of installments as well as the timing of payments.
If installment payments are not feasible for you or if you prefer another alternative, there are other ways to cover the costs of a tax advisor. For example, you could check if you are eligible for cost coverage through legal expenses insurance or if you can deduct tax advisory costs from your taxes.
In any case, I recommend contacting different tax advisors to obtain quotes for tax advice and discuss the possibilities of installment payments. This way, you can get an overview of the costs and find a suitable solution for you.
I hope this information is helpful to you and I am available to assist you with any further questions. Thank you for your trust and your inquiry.
Best regards,
Siegfried Eckstein
