I founded my company in May and invested a lot in it. However, I'll be earning less than €22,000. I've basically spent more than I earn. Is it wiser not to pay sales tax, or should I be VAT-liable?
(1 votes)
Loading...Let's say I order goods from another country at a lower price and then resell them on Etsy or eBay for a higher price, but I still don't exceed the €600 limit. Do I still need a business license?
Can someone please explain this term to me using an example? Thanks in advance 🙂
So, I have the WACC formula: WACC = rek x EK/GK + ix (1-t) x FK/GK, but how do I solve the formula for rek? Could someone help me? And what does t stand for? Is it the tax rate?
How often or how much do you have to work as an employee to qualify for the flat-rate allowance? Can you also get this if you are self-employed? Or if nothing, is it enough to work one day a year on a short-term basis?
Hello folks I recently started my own business after working for a short time. Immediately before starting my own business, I was laid off and only had a part-time job for a month. During this transition period, I didn't register for unemployment. I've now taken over a shop, and I'm temporarily experiencing financial difficulties until…
What is better for you is a tax adviser when examining the case.
Often, however, it can be more sensible to dispense with the small business organization and to be able to take advantage of the advantages such as pre-tax deduction.
What happens if I exceed $2,000 this year? Next year, if I’m a normal taxable sales tax or I have to do this 2. calendar year also waiting for me not to reach the 50,000?
The limit is:
and
The approach begins every year.
If you are in year 1 below 22,000€ and in the following year probably not more than 50,000€, the CUR is possible.
If you are over €2,000 in a year, the CUR is not possible in the following year. Once you’re under 22,000€ in a year, the CUR would be possible again.
In the case of very high expenditure, it may be appropriate to dispense with the small business operator scheme in order to benefit from the pre-tax deduction. However, it should be borne in mind that this decision is bound for 5 years and that it should also be taken into account. So it is impossible to say what is better from both without knowing the situation and the planned further action.
But then it is not better to dispense with the VAT at first because if I exceed the 22,000 I come back directly into the VAT duty. Otherwise, I would be bound for 5 years
As long as you don’t deserve much and therefore not much use. However, at the same time, you have a lot of expenses that you can draw the pre-tax, it doesn’t make sense to use the small business organization because you don’t get all the money back from your expenses.
And I assumed I invested 1000€ and took 2000€. Is the small business operator’s registration more advantageous?