PandaMunich

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16,148 Awesome with awesome sauce

About PandaMunich

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  • Website https://expertise.tax

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  • Location Munich
  • Nationality German
  • Gender Female
  • Year of birth

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  1. Moving from Freelancing to UG/Company

    As long as there is really no intersection of "essential" assets between the Einzelunternehmen and the UG, you do not have to convert (einbringen) the Einzelunternehmen into the UG: https://www.schwerd.info/sachgruendung-gmbh-durch-einbringung-einzelunternehmen/ Zu den funktionell wesentlichen Betriebsgrundlagen des Betriebs gehören neben Produktions- und Betriebsgebäuden regelmäßig auch Bürogebäude, Fahrzeuge oder Maschinen. Auch Patente, Marken, Erfindungen und der Kundenstamm stellen regelmäßig funktionell wesentliche Betriebsgrundlagen dar. Dies gilt unabhängig davon, ob diese Wirtschaftsgüter bilanziert werden (können) oder nicht In addition to production and operational buildings, the functionally essential business assets of the business regularly include office buildings, vehicles or machinery. Patents, trademarks, inventions and the customer base also regularly constitute functionally essential business assets. This applies regardless of whether these assets are (or cannot be) recognised in the balance sheet. Please note that the Finanzamt will ask you, when you give up your business, what you intend to live off next. And when you then say that you want to continue in the same profession, but with your own UG, they will try to identify intersections, which can end up costing you more than simply doing this "right" in the first place, by doing a proper "Einbringung".
  2. Moving from Freelancing to UG/Company

    Don't sell your freelancer business to the GmbH, doing that has too many risks: https://anwaltskanzlei-berendes.de/2016/02/22/umwandlung-des-einzelunternehmens-in-gmbh-das-problem-der-verschleierten-sachgruendung/   --> you would need to "convert" your freelancer business into an UG, through an "Einbringung": https://www.juhn.com/fachwissen/umwandlung-umstrukturierung/einbringung-einzelunternehmen-gmbh/   But why an UG? Its tax burden and the Steuerberater fees are higher than if you remain a freelancer:    And an UG is difficult to get rid of again:  
  3. What's got you flummoxed today?

    Did you ever try an "easy release double knot", i.e. option 2 in here? https://www.wikihow.com/Tie-Laces-in-a-Double-Knot  
  4. Grundsteuerreform

    Yes.
  5. Grundsteuerreform

    @markfusara @murphaph Look here: https://www.finanzverwaltung.nrw.de/media/dokument/ausfuehrliche-elster-klickanleitung-fuer-wohngrundstuecke   That was the first search result when googling the file name: https://www.google.com/search?q=Klickanleitung_Elster_Wohngrundstuecke.pdf
  6. You need to look up the German definition of "taxes": https://wirtschaftslexikon.gabler.de/definition/steuern-45766 Definition: Was ist "Steuern"? öffentliche Abgaben, die ein Gemeinwesen kraft Zwangsgewalt in einseitig festgesetzter Höhe und (anders als bei Gebühren und Beiträgen) ohne Gewährung einer Gegenleistung von natürlichen und juristischen Personen seines Gebietsbereichs erhebt   Definition: What are "taxes"? Public charges levied by a community by virtue of coercive power in a unilaterally fixed amount from natural and legal persons within its territory without granting anything in return (unlike fees and contributions, for which you do get something in return).
  7. Grundsteuerreform

      At the bottom-left of the window, there is the button "Anlagen hinzufügen/entfernen". Click on it and it will take you back to the above menu where you can then check the box for GW2.  
  8. Property Tax Reform and New Tax Returns

    He will care. If he does not file that Grundsteuererklärung, he would be fined by the Finanzamt, since he was the owner on 1. January 2022.
  9. Grundsteuerreform

    Nope, it isn't:   Definition of "gemischt genutzte Grundstücke" in §181 BewG: https://dejure.org/gesetze/BewG/181.html (7) Gemischt genutzte Grundstücke sind Grundstücke, die teils Wohnzwecken, teils eigenen oder fremden betrieblichen oder öffentlichen Zwecken dienen und nicht Ein- und Zweifamilienhäuser, Mietwohngrundstücke, Wohnungseigentum, Teileigentum oder Geschäftsgrundstücke sind.   (7) Mixed-use properties are properties that serve partly residential purposes and partly own or third-party business or public purposes and are not detached or semi-detached houses, rented residential properties, condominiums, part-ownership or business properties.
  10. Property Tax Reform and New Tax Returns

    Your better half is wrong. Everybody who was the owner of German real estate on 01.01.2022 has to file a Grundsteuererklärung by 31.10.2022: https://www.haufe.de/steuern/kanzlei-co/grunsteuerreform-wer-zur-erklaerungsabgabe-verpflichtet-ist_170_561320.html
  11. 3G in Restaurants?

    Yes, at the moment this is just a proposal in Switzerland, it isn't law yet: https://www.swissinfo.ch/eng/fact-check--will-the-swiss-be-jailed-for-heating-their-homes-above-19-c-/47894052
  12. German retirement and pensions

    You live in Germany, which means that you have unlimited tax liability (unbeschränkte Steuerpflicht). Which also comes with some goodies like the tax-free allowance and that you get to lower your taxable income by some of the expenses you had. You, for example, also get to profit from the Splittingtarif (= tax advantages because of being married), which only people with unlimited tax liability can. And your health insurance contributions lower your taxable income, which is what happens in the section "Vorsorgeaufwendungen" of the above Alterseinkünfte-Rechner. So for you, the above calculators are appropriate.   However, someone who lives outside Germany only has limited tax liability (beschränkte Steuerpflicht) and does not get these goodies. So these calculators are not appropriate for him.
  13. German retirement and pensions

    That's the wrong calculator, that's a wage tax calculator, i.e. one for employees which means that it also deducts social security contributions like public pension insurance that you as a pensioner don't pay, so that wage tax calcculator won't tell you your correct tax burden.   --> Use the Parmentier income tax calculator instead: http://www.parmentier.de/steuer/index.php?site=tax-income   And as Gary said, as soon as you move away from Germany, you will no longer be eligible for the German tax-free allowance, the Grundfreibetrag, which in 2022 is 10,347€ (it rises every year): https://de.wikipedia.org/wiki/Grundfreibetrag_(Deutschland)   This tax-free allowance is baked into the Parmentier income tax calculator, so to get it to tell you the "correct" tax for your case of having only limited tax liability (= you no longer live in Germany), you would need to add the amount of the Grundfreibetrag to the income that Germany gets to tax and enter that amount into the Parmentier income tax calculator.   Example: Let's say you have a yearly German social security pension (DRV) of 12,000€. You hadn't paid in tax-relieved money into your German company pension for over 15 years and therefore your new country of residence, the UK, gets to tax that German company pension.   We will assume that you retired in 2023, so that the non-taxable part of your German DRV pension is 17%*12,000€ = 2,040€. You can look up the percentage in the first table in §22 EStG: https://www.gesetze-im-internet.de/estg/__22.html   --> Germany only gets to tax 9,960€ (= 12,000€ - 2,040€), but without the Grundfreibetrag tax-free allowance, which we will assume to have been 10,756€ that year.      9,960€ taxable part of yearly German social security pension       - 102€ Pauschbetrag + 10,756€ Grundfreibetrag ____________________________ 20,614€   Enter into the Parmetier income tax calculator 20614:   --> you get a tax burden of 2,299€ on your 12,000€ social security pension, i.e. a net income of 9,701€.   *******************************************************************   Please note that the default is (if you do not opt out, by informing your public health insurer that you are also drawing a UK social security pension, i.e. a pension from the country in which you now live) that after you have moved to the UK, DRV will still deduct German public health&nursing contributions from your German social security pension. Please read this thread for details: Please also read this entire thread about the other way to stop public health&nursing contributions being deducted by DRV, by opting out of the KVdR entirely, but this needs to be done within 3 months of first receiving your German social security pension. You should not do this if you think that you might end up moving back to Germany or to another EU country:  
  14. UK rental income on German tax returns (post-Brexit)

      If through your 2021 German tax return, you end up owing more than 400€ in German income tax, then yes, the Finanzamt can set prepayments for 2022 of the amount you owed for 2021. The Finanzamt can set this prepayment until 15 months after the end of the year this is about, i.e. the prepayment for 2022 can be set until 31.12.2022 + 15 months = 31.03.2024. So don't even think about filing late - besides, filing late now comes with an automatic late filing penalty of at least 25€ per month, see § 152 AO. --> take care to file by the deadline.   The duty to set prepayments is laid down in § 37 (1), (3) and (5) EStG: https://www.gesetze-im-internet.de/estg/__37.html § 37 Advance payment of income tax (1) On 10 March, 10 June, 10 September and 10 December, the taxpayer shall pay advance payments of the income tax which he is expected to owe for the current assessment period. 2The advance income tax payment shall arise in each case at the beginning of the calendar quarter in which the advance payments are to be made, or, if the tax liability is not established until the course of the calendar quarter, at the establishment of the tax liability.   (3) 1The tax office shall determine the advance payments by means of an advance payment notice. 2The advance payments shall in principle be calculated on the basis of the income tax resulting from the last assessment after offsetting the tax deductions (section 36(2) no. 2). 3The tax office may, until the end of the 15th calendar month following the assessment period, adjust the advance payments to the income tax that will probably result for the assessment period;   (5) 1Advance payments shall only be fixed if they amount to at least 400 euros in a calendar year and at least 100 euros for an advance payment.   
  15. type of grain grown in germany. getreide

    "Graupen" just describes the form, i.e. that they had the skin grinded off the grain (= peeled and polished). Not what kind of grain they are.   Graupen could also be made from wheat, but they usually are made from Gerste (barley). See here: https://de-m-wikipedia-org.translate.goog/wiki/Graupen?_x_tr_sl=de&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp