03.05.2022 | answered by Bernd Thomas
Hello Mr. Thomas,
since 1.2.2019 I have been receiving a company pension of EUR 213.18. (Total for 2019: EUR 2,346.00)
Additionally, from Feb 2019 to July 2019, I received a transitional allowance TA of 6 times EUR 2,097.38.
In my 2019 tax return, I ...
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07.02.2022 | answered by Bernd Thomas
Dear Sir or Madam,
My question concerns the *extended* limited tax liability in the context of the existing Double Taxation Agreement between Germany (DE) and Singapore (SGP).
- Singapore is a low-tax country (6.63% tax on income of 77,000 EUR)
- I...
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23.01.2022 | answered by Knut Christiansen
We are employees and bought a house in mid-2019 and paid accordingly. The previous owners contractually reserved a one-year right of residence against payment of rent. From mid-2019 to mid-2020, we received rent payments, after which the previous own...
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07.01.2021 | answered by Knut Christiansen
Hello,
I am currently working on the tax return of an asset-managing GbR. We only have income from capital gains, from a foreign bank. As far as I know, to declare the tax for the GbR, only a separate and uniform determination declaration is require...
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22.12.2020 | answered by Knut Christiansen
Good day,
I am planning to establish a new company (GmbH) at the beginning of next year. Currently, I am still unsure about the correct business purpose. Below, I describe the purpose of the company and hope you can answer the open questions based on...
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06.09.2020 | answered by Peter Jansen
Dear Sir or Madam,
I am facing the following difficulties when preparing the sales tax pre-registration for Q2/2020:
a) I have sold a good to an Irish company and physically shipped it as well. I did not show any sales tax on the invoice, as the bu...
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29.05.2020 | answered by Knut Christiansen
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...
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10.03.2020 | answered by Knut Christiansen
I bought an old farmhouse in 2009. However, I sold the house in 2019, about 6 months before the end of the ten-year period. The tax office is likely to calculate capital gains tax. The question is how I can reduce the profit. The property was rented ...
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02.03.2020 | answered by Knut Christiansen
I obtained my Bachelor of Physiotherapy with my first degree (31.08.2009 - 04.01.2013, Saxion University of Applied Sciences Enschede / Netherlands) and subsequently completed my Master of Public Health (01.04.2014 - 22.07.2016, Leuphana University L...
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21.02.2020 | answered by Knut Christiansen
Dear Sir or Madam,
I work as a freelance translator, and since last year I am no longer eligible for the small business regulation, which means I have to declare sales tax. I have already sent quarterly sales tax pre-registration to the tax office f...
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13.02.2020 | answered by Knut Christiansen
Hello,
Scenario:
Person A is employed in an IT company. This company offers a commission for referring an IT professional (Person B). The commission (to Person A) is paid after Person B passes the probation period. The payment to Person A is taxed, ...
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04.02.2020 | answered by Knut Christiansen
Dear Sir or Madam,
the following situation: My wife and I bought and paid for a single-family home for our own use in August 2019. The house is financed by a loan. The transfer of the land register took place in January 2020. Due to a contractual ag...
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30.01.2020 | answered by Knut Christiansen
Dear Sir or Madam,
I am self-employed and in 2018 I was still covered by my wife's health insurance without having to pay contributions. Now I am preparing the income tax declaration for 2018. My commercial income exceeds the income limit of 5,220,-...
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28.01.2020 | answered by Bernd Thomas
Hello,
on December 31, 2019, I deregistered my business (trade with electronic parts).
In January 2020, I sold remaining stocks of goods to my customers on Ebay.
How should the revenues for January 2020 be treated? Can I add these revenues to the bus...
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14.01.2020 | answered by Knut Christiansen
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 ...
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20.12.2019 | answered by Bernd Thomas
Dear Sir or Madam,
I am registered as a freelance consultant, but have been unable to work due to illness since 08/2018. Until 07/2018, I had revenues, but afterwards only incurred costs (including a home office in my condominium). Nevertheless, in ...
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19.12.2019 | answered by Knut Christiansen
My wife is a housewife and I am an employee. Annual income around 100k EUR. We have a female dog that my wife wants to breed for the first time in summer 2020. Then once a year. We can sell the puppies for around 2,000 EUR each. Possibly adding a sec...
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10.12.2019 | answered by Knut Christiansen
Hello, in 2018 I had an income of almost 30,000 euros as a freelancer, for which I now have to pay income tax. However, advance payments were also set for the year 2019, which I have to pay quarterly in 2020. (Approximately 900 € each time) Since in ...
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03.12.2019 | answered by Knut Christiansen
For various reasons, we had to sell our rented (and therefore not self-occupied) single-family house in August 2019. This property was acquired in March 2010, so capital gains tax is due and we will have to pay it in 2020 along with our 2019 income t...
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02.12.2019 | answered by Knut Christiansen
I own a rented condominium (2 rooms, 80 sqm), whose lease has now been terminated. So far, the apartment has only resulted in a small surplus for tax purposes, because for social reasons (elderly, befriended lady) I had set a low rent and have not in...
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30.11.2019 | answered by Knut Christiansen
Good day!
Currently, I am planning to move to Singapore for approximately 1-2 years with the intention of returning. At the moment, there are loss offsetting pots from stock market transactions, primarily in the "Other" pot (not in the "Stock" pot)....
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22.11.2019 | answered by Knut Christiansen
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...
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21.11.2019 | answered by Knut Christiansen
Dear Sir or Madam,
I am currently in training and earn 1300 euros gross (tax class 1). In addition, I have a 450 euro job that brings me exactly 450 euros additional income every month. Now I would like to take on another part-time job. To my knowled...
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14.11.2019 | answered by Knut Christiansen
Hello,
To reduce the risk of individual capital investment, 2 friends and I would like to invest together. The price of the respective investment product would therefore be divided equally among 3 people. What are the options to implement this legall...
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28.10.2019 | answered by Knut Christiansen
My annual gross income is 94 thousand euros (previously tax class 3).
My wife's annual gross income is 27 thousand euros (previously tax class 5).
Due to a cancer diagnosis, I will no longer be able to work full-time in the future.
I plan to work...
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