As a private landlord of the 7 apartments in a multi-family house, I would like to temporarily hire a Polish citizen for 3 weeks as a short-term mini-jobber as a caretaker for tasks around the house (small repairs / renovations, gardening). The total...
Are these the withdrawals from the cash register and all withdrawals from the bank account that I need for my livelihood? Would it then be correct for a sole proprietor to simply record all business expenses as deposits and all business income (minu...
For future real estate transactions (acquisition - appreciation - sale), I would like to establish a GmbH (limited liability company) as I do not want to infect private properties with commercial activities in order to be able to sell them tax-free a...
Dear Sir or Madam, I have a question regarding the value added tax return. I work as a freelance translator and was a small business owner until 2018. Since 2019, I have been submitting quarterly VAT returns, and the VAT is also debited quarterly b...
Hello, I have been working as a sole trader (with small business regulation) in trade, specifically online trade, for several years. Now I am in the process of founding a UG and of course I want to bring my goods into the company. I will then deregi...
Hello, I am an employee with a gross salary of 34500 € and I have three rented properties. I pay 630€ in interest for the loans on the properties and have 1470€ for repayment and cash flow. Now I would like to open a brokerage account (starting with ...
We (father, mother, son) want to establish a real estate partnership (GbR). The mother will contribute a mortgage loan (in her name) of €80,000, while the father and son will each contribute €10,000 in cash. We want to divide the shares of assets and...
Good day, How to deduct self-financed training costs for adult child from taxes? Our adult child obtained the Fachholschulreife in August 2018 through the gymnasial leaving certificate after Class 11 and an immediately following "one-year guided in...
The situation is as follows: With the birth of our second child in May 2014, my wife's entitlement to benefits increased from 50% to 70% (under the official regulations of Rhineland-Palatinate). Accordingly, the private health insurance premium would...
I am self-employed and booked a further training seminar in 2017 (flight, hotel, and seminar) and paid everything in advance, but the seminar did not take place until 2018. I keep a cash basis accounting record. Should I book the expenses in 2017 whe...
Does the tax on private sales transactions (rented residential property after 7 years) lapse if installment payments are agreed in such a way that the installment with which a profit is first made is only due after the holding period has expired? Si...
Dear Sir or Madam, I am seeking an answer to the following question regarding the income tax return, attachment EÜR: I am a self-employed architect and cash basis accountant. In 2017, I made two mistakes in the payroll for an employed architect, whi...
Initial situation 2016 (simplified): Civil servant A14, salary 65,000 €, additional income from side business 3,000 € = non-self. income 62,000 €. Additional income from business operation (sole proprietorship trade as a side job). In 2016 loss -85,0...
Invoice received from private individual. Good day. I am a small business owner (under the small business regulation) and have paid an invoice from a private individual. The invoice amounts to 7190€ (paid in cash, receipt available). Even though the...
I will be living in a shared flat in Munich during the week for work (600km away from my "home base"). However, the landlord does not want to make a rental agreement; meaning I would be "staying with a friend". Now I want to claim back the travel exp...
I have purchased several $25 Ad Packs on Getprofitadz on the internet. The purchase price of these packages is an investment that will never be repaid. Lifetime advertising revenues are generated for the Ad Packs, which GetprofitAdz distributes to th...
Assuming a German taxpayer brought securities (real shares, fixed-income securities, and accumulating money market instruments) across the border into a newly opened account in Switzerland in 2004 and had them redeemed/sold from there. It is clear th...
Dear Sir or Madam, I recently started my own business as a provider of training courses and now I want to expand my operations. I would like to ensure that my accounting is done correctly from the beginning, so that it can withstand the scrutiny of ...
My daughter has a property that she wants to sell and has granted me a notarized power of attorney. In the power of attorney, there is a sentence that reads: "....furthermore, the power of attorney entitles to dispose of the purchase price at will......
Hello, I have the following question regarding the calculation of capital gains tax when cashing out (cancelling) a unit-linked life insurance policy in the first 12 years. Here is the scenario: The insurance company confirms the cancellation on 1...
Question about the commuter allowance in the private income tax return The following circumstances apply: 1. I work both as a freelancer (in a partnership) and as an employee (4 days a week) 190 km away from my home. 2. I have a company car at my di...
Hello, First of all, I would like to explain my situation. I am a software developer, self-employed with a business registration and no employees. I am no longer considered a small business and I still prepare my profit determination using the simpl...
Hello, I have the following question... Key data: Sole proprietorship business for business consulting §4 para. 3 tax code In 2011, silver coins were purchased for 20,000 euros and booked as goods (expense-profit-reducing) voluntary BV (economic c...
We are a GmbH, a painting company. We would like to purchase wine in Italy, which will be delivered to our office in Germany. For this purpose, we have applied for and received a consumption tax number from customs. 1. Question: How should the delive...
Dear Sir or Madam, I am planning to claim tax relief for a second household ("relocation") and I kindly ask for your support. Since 2010, I have been living with my partner in Berlin. I myself live in Frankfurt am Main. We are not married and do no...
