umsatzsteuervoranmeldung mit elster online

Once you have entered your income and expenses, the amounts are directly offset against each other at the end of the VAT return. While you’re there, you can also reclaim any VAT you have paid as part of your business expenses. Apart from the usual information, such as your tax number and contact details, you only need to fill in the income you earned in the given period. The Umsatzsteuervoranmeldung is much less complicated than the annual VAT return.

How do I make my Umsatzsteuervoranmeldung ? In our example, you would not have to submit the Umsatzsteuervoranmeldung for June until 10 August. This extends the deadline by an additional month. 💡 Accountable Tip : If this deadline is too short for you, you can apply for a permanent deadline extension. However, if the filing date is a public holiday or falls on a weekend, the deadline is automatically extended to the next working day. For example, if you have to file a monthly return, the return for June will be due on 10 July. via the Finanzamt’s ELSTER tax portal, by the 10th of the following month. In both cases, the return must be submitted digitally, ie. Your Finanzamt will let you know whether you need to make monthly or quarterly VAT returns. When you have to submit the Umsatzsteuervoranmeldung will depend on the turnover of your business. When should I submit an Umsatzsteuervoranmeldung ? In this case, you won’t be able to deduct the VAT on the purchase because you won’t be making VAT returns. 🔽 However, being a Kleinunternehmer will be a disadvantage if your business is about to incur a large business expense. This is because individuals cannot reclaim VAT, so anything they can buy that doesn’t incur VAT is automatically cheaper for them. And if you have many customers who are private individuals, rather than businesses, then being a Kleinunternehmer will give you a competitive advantage. 🔽 As a Kleinunternehmer, you will have less accounting work. If this applies to you, you can either apply to become a Kleinunternehmer at the same time you register as self-employed ( Fragebogen zur steuerlichen Erfassung ) or later, if you prefer. *as of 2021, applicable for income from 2020 onwards

you do not earn more than 50.000 EUR in the following year*.

you have not earned more than 22.000 EUR in the previous year.

You can be considered a Kleinunternehmer if. It can be useful for freelancers to make use of the Kleinunternehmer, or small business, designation because small businesses are exempt from paying VAT. Not all businesses are required to charge VAT. Exempt from turnover tax: The Kleinunternehmer This is done via the Umsatzsteuervoranmeldung.

Any VAT a business collects must be paid to the tax office.

However, the business providing such goods or services can’t simply pocket the VAT they have charged.

VAT is charged at all stages of the production process and is passed from business to business, with the end-user being ultimately responsible for paying the additional amount when they purchase the product or use the service. A reduced rate of 7% is applied to a small number of goods including books, magazines, and many foods and beverages. VAT of 19% is usually added to the initial purchase price. In Germany, Umsatzsteuer, known as value-added tax or VAT in English, is charged on most goods and services. The best thing about them is that you aren’t just paying VAT you can also reclaim the VAT you paid on business expenses.īut let’s start from scratch. This return, called the Umsatzsteuervoranmeldung or advance VAT return, must be sent to the Finanzamt (tax office) on a monthly or quarterly basis.īut there is no need to panic: These monthly or quarterly VAT returns are not so complicated and can often be completed in just a few minutes. As if the annual VAT return wasn’t enough, freelancers also have to submit regular VAT returns throughout the year.

Umsatzsteuervoranmeldung mit elster online