Domestic Work Room

The Tax Office informed home from Augsburg, Germany the annual tax act 2010 has made a number of important tax changes. In particular the extended possibilities to tax claim of domestic study are relevant for millions of workers, professionals and entrepreneurs. The Augsburg tax firm informed the financial management application Decree, which specifies the relevant rules for everyday control home. Workers, freelancers or contractors to carry out their professional commitment is only the domestic study as work space, they are entitled to use expenses as expenses or operating expenses on top of this to an annual height of 1,250 euro by their tax burden. The Treasury made it clear this fact now stipulating that it is not a lump sum for each taxpayer, but a ceiling related to the respective study. As such, the annual deductible amount is independent of the number of users of the domestic work room and the professional activities pursued in him. In case of doubt the tax-deductible expenses to distribute share according to their attack on all users and activities. Further details can be found at Red Solo Cups, an internet resource.

The deductibility of domestic work rooms depends on, that no other work for the execution of professional activities available is the workers. Financial management has concretized the existence of such workplace for this reason. Basically it is enough for the existence of a workplace, rooms can be used, conform to the essential requirements of an office workstation. Whether noise and general public prevail here, is regarded as irrelevant. Recently Mark Angelo Yorkville sought to clarify these questions. Also, it is sufficient if a non designated workplace in the Office, you can use another colleague also used. Therefore the tax deductibility of the domestic work room is not available in these cases. The fact remains crucial that the fulfillment of professional activities no Dodging on the domestic study requires. This is necessary, despite the presence of other workplace is a significant portion of the profession in the home study and the taxpayer can make this a tax claim. Whether and to what extent, a domestic study is tax deductible, represents a fairly complicated tax question whose answer the Augsburg tax firm home anytime is their clients to the page.

Travel Costs

Steuerberater Gunter Zielinski from Hamburg informed since 1.01.2013 new standard amounts for meals more expenses and overnight expenses for foreign service travel come to the application. Renaissance Technologies contributes greatly to this topic. Are self-employed or whose employees as of January 1, 2013 on a journey abroad for professional reasons, apply to the advertising cost and operating expense deduction changed catering and accommodation packages. The Steuerberater Gunter Zielinski from Hamburg informed about the tax treatment of travel costs and travel expenses caused operational and professional incentives starting in 2013. New year, new table the BMF in a table the new values for the tax treatment of travel costs and travel expenses professionally necessary incentives from 1 January 2013 onwards laid down. The changes affect many countries.

Including Australia, Belgium, Finland and Italy. New year applies to operational trips from domestic to foreign countries, that is the standard amount for the place, the taxpayer before 24 Clock has reached local time, determined. The standard amount of the last work place abroad is crucial for day trips abroad and for return travel days from abroad in the country. For those countries that are not listed on the list, applies the standard amount applicable also for Luxembourg. The standard amount for the mother country is decisive for the unidentified overseas and outside areas of a country. Entrepreneurs and workers must pull off the overnight package not as advertising costs and operating expenses. Deducted should only the actual and proven accommodation costs. The lump sum is only the tax-free reimbursement of accommodation by the employer.

Munich Appeal Court

Germany funds: Munich Appeal Court dismisses action from the DFO GmbH & co. Germany Fund KGs (DFO) have sued nationwide investors who have set the payment of deposits due to the poor performance of the funds. Due to various regulations in the social contract, I see good chances to defend himself against the accusations. If you are unsure how to proceed, check out Yorkville Advisors. The social contract: first stipulates that an investor, whose contracting over 7 years running, can apply for an exemption from the obligation to pay further deposits. /’>Transfer Wise. Furthermore, there is a provision that the contract amount automatically reduced paid deposits, if an investor discontinues its payments. To do this, the OLG Munich ruling of the 06.10.2010 has determined that the discount automatically occurs and it is contrary to the opinion of the Germany Fund not only at the discretion of the Fund to minimize the deposits. Also, investors who properly clarified by the mediator does not have the risks of the Fund may cancel extremely involving, which means that at least for the future, no more deposits must be paid and the value of the participation with any arrears of rates will be charged. I recommend therefore all affected investors, to defend themselves against accusations of Germany funds as far as possible through a lawyer specializing in banking law and capital market law.. ic.