Hello, I have a subsidiary company that rents and sells string instruments and accessories. My marketing strategy is affiliate marketing. Affiliates promote my products and receive a commission for any sales they generate. They do not have an emplo...
The construction of a dormer with an extension of the living area by a few square meters, in my understanding, results in the entire construction costs being classified as production costs, with the consequence of a correspondingly long depreciation ...
Dear Sir or Madam, I am currently employed at a GmbH based in Munich. Starting from 01.05.2020, I have signed a new employment contract with the holding company of this GmbH (in Nuremberg). I will also be provided with a company car (1% + 0.03% rule...
Topic: Deductible expenses in the income category "rental and leasing" Can losses from rental and leasing be offset against other income, or can these losses only be offset within the same income category with future profits from the same income cat...
I am a sole proprietor (income taxed according to income statement, VAT registered). A supplier of trading goods offers me the opportunity to purchase credit with him. How is the acquisition of such credit treated in terms of accounting and tax law...
I am a freelancer and have 2 leased cars in my business assets. Apart from the leasing costs of the 2 cars, I have no significantly high expenses in my previously prepared income statement or in the monthly sales tax returns for last year. 1. Car A ...
I am a freelancer with 2 leasing cars. 1. I use the small car 100% for business purposes with logbook entries for each customer trip. 2. I use the larger car (Tiguan) for both business and personal use. However, the business use is only between 10%-...
I want to gift a small, very old terraced house (84 sqm / 120 sqm / 1921 / land value 80 €) to my niece. I have told the notary an estimated house value of approximately € 70,000, which will also be set in the contractual documents. Does the tax offi...
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...
Question regarding rental and leasing: For years, I have rented out a granny flat in my owner-occupied house. In my income tax return for 2016, I declared rental income of EU 408,-- cold rent and a lump sum for utilities of EU 92,-- as income, as I h...
Five years ago, I switched to self-employment. During my self-employment, I used my existing car and depreciated it annually through the AFA (German tax depreciation method). Last year, I gave up my self-employment, and the private car was fully depr...
Good day, I recently acquired a share in a rented condominium in Switzerland. The apartment has multiple owners who collectively manage the property (community of owners). I am a resident and taxpayer in Germany. Now to my questions: Where do I ne...
Hello, I acquired a multi-family house in May 2016. The house is fully rented out. Each apartment has a fitted kitchen, which was included in the purchase price. The fitted kitchens were mentioned separately in the sales contract, but without a speci...
I am self-employed and use my private car (business use less than 50%) for work-related trips. I keep records (lists) of my business trips, which can be traced back to my activity reports and invoices to my clients. However, I do not keep a mileage l...
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 ...
Hello, my question is regarding the crediting of Swiss withholding tax. I live and work (not self-employed) in Germany. My husband works (not self-employed) and lives in Switzerland, not a cross-border commuter. Withholding tax is deducted from his...
Hello, I am currently in the process of purchasing a condominium and negotiating the details for the purchase contract. Since I could imagine renting out the property in the future after a period of owner occupancy, I am wondering if it makes sense i...
Dear Sir or Madam, I ceased my small business as a disc jockey in August 2014. My taxable income for the year 2014 is €2,821. I sold DJ equipment (such as speakers, amplifiers, etc.) for a total of €3,870. I transferred assets worth €2,200 into my p...
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 am currently working and living in Dubai (since 1.7.2014) with an employment contract from the local company of the company. Before my stay in Dubai, I lived in Switzerland for over 2 years. I plan to return to Germany in 2015. How does my...
I would like to privately purchase a single-family house with a small granny flat. As I run a small business (legal form UG), the granny flat, as well as a garage and two additional basement rooms in the house, should be rented out to the company. Th...
Good day, we have converted 2 holiday apartments in our house, which were subsequently rented out with value-added tax. We claimed input tax for the costs of the interior conversion. These apartments are now rented out as part of long-term lease agr...
Hello, I have programmed my own credit-based (prepaid) customer web interface (online customer system) where you can automatically rent voice chat servers (and soon other servers/services) . You can load your credit beforehand via the following paym...
My husband is Swiss and lives in Munich. This year, he withdrew the 3rd pillar (approximately 230,000 CHF). In Switzerland, about 26,000 CHF were immediately deducted as withholding tax. Is it correct that he can get this tax back if he declares this...
My employer offers the private use of a company car. The company car is financed by the employer through a full leasing rate. The rate consists (gross) of the pure financing (e.g. 700€) and a service fee (maintenance/insurance) ... totaling 200€ here...
