Earn money when do you start paying taxes?
Hello, how much can I earn per month without paying taxes? I plan to sell handmade bracelets, etc. I have no income at all, but my husband works.
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Since income tax is an annual tax, you have to ask the question a little differently. 😉
The current basic income tax allowance is €11,604 (see Section 32a, Paragraph 1, No. 1 EStG).
So, it's a business. Of course, this has to be registered.
Then the “I” in the first sentence should probably be replaced by “ we” , since spouses are taxed jointly by default.
Of course, this also means that you have tax accounting and declaration obligations.
We have a person here who is married :
In this case, the double basic allowance (Section 32a Paragraph 5 of the Income Tax Act) may already be completely used up by the sole earner. This means that they may have to pay tax on even €1 of profit in their joint tax return.
This can be assumed.
You would then have to register a business and there is no tax exemption.
The obligation to register a business has absolutely nothing to do with taxes.
Correct, but the FS asked what amount he has to pay taxes.
As a business owner, you do not have any tax exemption.