Start a business / deduct taxes for materials?

Sh
4

I'm currently in full-time employment and pay a lot of taxes.

I plan to start / practice several small businesses and a freelance job.

Now I could use materials such as camera equipment, laptop, printer, business car, clothing, and much more.

Can you deduct that from the taxes you pay?

Mi

Yes, if you start and make a loss, it reduces your income and therefore your taxes…

gu

So first of all: in D there are unfortunately no small businesses: - ((

You can or must register a business as a sideline as soon as you have "intention to make a profit" with these businesses…

You mean the so-called "small business regulation"?! Tradespeople and freelance workers are entrepreneurs - no matter how small and possibly part-time self-employment.

The terms "small business" or "secondary business", which are often used, do not even exist in the reality of laws and regulations. Both are entrepreneurs.

The term "value added tax" also comes more from colloquial language than from corresponding laws. The term "sales tax" is therefore predominantly used on this page.

For traders and freelancers, however, there are two procedures with regard to sales tax:

Control

The entrepreneur shows VAT / sales tax in his invoices and pays them to the tax office. Sales tax that he himself paid for deliveries or services to his company is reimbursed by the tax office.

Small business regulation according to http://www.gesetze-im-internet.de/.../__19.html

The entrepreneur does not show any value added tax / sales tax in his invoices. However, he can't get any sales tax reimbursed from the tax office.

At
Turnover below 22,000 euro per year (until 2019: 17,500 euro per year) (often at the beginning of self-employment) you can choose between these types of taxation. You can find arguments for or against the two types of taxation on my page
https://www.klicktipps.de/gewerbe-faq.php#kleinunternehmer_sinnvoll.

You can find more information, hints and many, many tips in klicktipps.de under "Starting your own business": https://www.klicktipps.de/gewerbe.php

Your tax advisor is the right contact for detailed information / advice!

Sh

What and then can I steer myself back in this way or with objects?

Gu

Sorry for reaching out to you like this but I'll get straight to business. I'm a digital marketer and i'd love to help you get more clients and drive more traffic to your existing site. To get my foot in the door I would like to give you some ideas that you're free to steal. You never know - some of them may even be good! Drop me a line and let's have a chat! Nick