Which forms do I need to fill out for the business tax declaration?
September 11, 2022 | 40,00 EUR | answered by Isabel Möller
Dear tax advisor,
I am currently facing the challenge of submitting my trade tax return for the current fiscal year and I am unsure which forms I need to fill out for this purpose. My company, which operates in the online trading sector, generated a turnover of over 500,000 euros last year and I am not sure if I need specific attachments or additional forms.
I have always done the income tax return myself, but I don't feel as confident with trade tax. I want to ensure that I provide all relevant information correctly and completely to avoid any issues with the tax office.
Could you please explain to me which specific forms I need to fill out for the trade tax return and if there are additional documents that I need to submit? Are there any special attachments that I should consider? What deadlines need to be met and are there any particularities that I should take into account in my case?
I would greatly appreciate it if you could assist me with this, as I am truly unsure and would like professional support to avoid mistakes and submit the tax return correctly.
Thank you in advance for your help.
Kind regards,
Maria Zellerbach
Dear Mrs. Zellerbach,
Thank you for your inquiry regarding the trade tax return for your online trading business. I understand that there are often many uncertainties in this area and it is important to provide all relevant information correctly and completely to avoid problems with the tax office. I am happy to assist you in compiling the necessary forms and documents for the trade tax return.
For the trade tax return, you usually need the form "Trade Tax Return", which you can obtain from the tax office or download online. In addition, you will also need to fill out the attachment "Trade Tax 1 A" to provide certain information about your company and trade profits. Depending on the nature of your business, additional attachments may be required, such as the attachment "Trade Tax 1 B" for special tax bases.
It is important to provide all information truthfully and completely, as the tax office carefully reviews the trade tax return and may ask for clarification in case of discrepancies. Therefore, I recommend carefully reviewing all relevant documents such as sales and profit or loss statements, balance sheets, and other business documents, and entering the corresponding figures into the forms.
In terms of deadlines, you usually have to submit the trade tax return by July 31 of the following year. However, there may be regional differences, so it is advisable to contact the relevant tax office directly. You can also request an extension if you need more time to prepare the tax return.
In your case, since your company has generated a turnover of over 500,000 euros, you may have additional tax obligations to consider. A value added tax return may be required or there may be special regulations for the taxation of online trading companies. Therefore, it is advisable to seek advice from an experienced tax advisor or professional to ensure that all tax aspects are correctly taken into account.
I hope that my response has been helpful to you and I am available for further questions. Thank you for your trust and I wish you success in preparing your trade tax return.
Best regards,
Isabel Möller, Tax Advisor
