I have the following. I would receive a certificate from my school confirming the professional use of a laptop. Is it financially worthwhile to run a laptop and then deduct it for tax purposes? Is the laptop then virtually free, or am I making a mistake?
Do you pay taxes when you are a student?
Yes. I have an annual income of about 55000 euro a year. Lg
No, your taxable income is reduced by the amount the laptop has cost.
So you do not "save" the full amount, but the amount you would have paid in taxes.
Depending on the tax rate somewhere between 0% and 42% of the purchase price.
Thank you very much.
Does it make sense to buy one anyway? Probably not, unless you need a new one anyway, right?
How should I know if that makes sense to you?
Just to buy one, because you save money probably makes more sense, if the alternative would be that you do not buy anything.
Little information for an informed answer. It always depends on the activity carried out whether the acquisition of such a device is at all professional. But: a private usage of at least 50% is always assumed. If the purchase price exceeds the GWG limit, the unit must be amortized over the expected useful life (3 years) anyway.
We get kilograms of such "approval certificates" from employers. Especially schools just confirm everything - including the professional need for a diving course in the Maldives with a geography teacher (I actually had time on the desk, no fake)
Thanks for the answer. I'm professionally for 4 months on a training school for the theory with subsequent practical part, where you have to write reports.
Then the laptop is rather not 100% professionally used. As I said, a private share of 50% will certainly be accepted, possibly even more. So only the professional part of the purchase price is recognized as a cost of income; if the laptop has cost more than 800 euro, it must be amortized over the expected useful life of three years on a monthly basis.
And I thought it's three to submit the Gebrutstagsessen with the family as a business lunch… But well. Teachers are a special crowd when it comes to taxes. Real the bang
Well, family reunions are one of those things as well… People always forget that the easiest of exercises is getting the birthdays and anniversaries out. Most are even so nice to enter this data on the coat sheet. Sometimes it annoys directly, that one is considered so stupid!
^^ is probably the general disinterest for the topic. There's no second spent thinking about it yes here is safe for 50 euro. Huge sums of money for entrepreneurs.
Bad is if you, as I assume not like you in the tax department is sitting but at the StB and you see such bills equal several problems. And to explain that also financial officials can count to 2 there's the slightest of problems ^^
Yes, some people are more than brazen. If they think others are stupid, it gets very bad. There you are even poorer among the advisors than we're. It is always a popular game to blame the tax adviser for his own deficits. The tax office is anyway the bogeyman - but the tax consultant "on which side are they actually"? - Quote end.
As I always say: the natural enemy of the taxman is not the tax consultant - but the teacher who makes his own tax return. And if it gets really thick, then he also has a photovoltaic system with option for standard taxation!