PRELIMINARY VAT RETURN explained: Frequency & Calculation | VAT Frequency
Channel: TAXFIT in Germany
Date: 2022-04-07

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If you're self-employed (and not a small business owner), then you need to file a preliminary VAT return. But when and for what period? The frequency is related to the VAT payment of the last calendar year. 

Here is the info: 
For less than 1000 € VAT in the previous year: VAT advance return 1x per year.
For 1000 - 7500 € VAT in the previous year : VAT advance return 1x per quarter
For more than 7500 € VAT in the previous year: VAT advance return 1x per month

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▬ Timestamps ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

0:00 - Intro  
0:40 - What is the advance VAT return?
1:50 - Frequency of the advance VAT return
2:00 - Advance VAT return: Yearly
2:20 - Advance VAT return:Quarterly
2:40 - Advance VAT return: Monthly 
3:00 - Change in VAT frequency 
3:48 - Outro 

▬ About Melchior Neumann ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

With over 10 years of experience in tax consulting, both as an employee and self-employed, I know the tax world from both sides. As the founder of several companies, I advocate for the modernization of the tax industry. On my YouTube channel "Steuerfit für Selbstständige," I explain complex tax topics in a simple and understandable way for a broad audience.

▬ Disclaimer ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

The speaker assumes no responsibility for the timeliness, correctness, completeness, or quality of the information provided. Liability claims against the author, which refer to damages of a material or immaterial nature caused by the use or non-use of the presented information or by the use of incorrect and incomplete information, are fundamentally excluded to the extent legally permissible. The video does not constitute professional tax advice in any way and does not replace it. The tax conditions must always be checked on a case-by-case basis and may differ in the specific case from the representations and information in the video.