What operation cost can I deduct for tax purporses | Betriebsausgaben in Germany for freelancers
Channel: TAXFIT in Germany
Date: 2022-08-11

►Free business account with tax reserve (50% discount on Premium with the code MELCHIOR): https://steuerfit.tv/kontist-konto
►Test Accountable for free (Code: Steuerfit): https://steuerfit.tv/accountable 
►Sevdesk 50% discount (code: STEUERFIT50): https://steuerfit.tv/sevdesk 
►Lexware Office accounting program (50% discount): https://steuerfit.tv/LexwareOffice
►Find a tax advisor: https://steuerfit.tv/steuerberater-finden
►Tax return with Wiso Steuer: https://steuerfit.tv/WISO-Steuer

✍️ My founder seminar (10% discount with the code STEUERFIT): https://steuerfit.tv/gruenderseminar

▬ More information ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Many self-employed people wonder which costs they can and cannot include in their accounting as operating costs or business expenses.

All costs incurred in your business, such as advertising costs, office costs or costs for tools or insurance, are considered business expenses. You can claim these as business expenses. However, there are a few differences that you should be aware of. For example, there are fully deductible costs and non-deductible or limited deductible business expenses. 

▬ Recommendations ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Helpful tools:
►Contracts for your business with easyContracts: https://steuerfit.tv/easyContracts 
►Get your tax return done for employees (10 EUR discount with the code "SteuerFit10"): https://steuerfit.tv/zasta 

📚 Book recommendations:
►My tax guide: https://amzn.to/4cNvqCt 
►The most comprehensive tax guide: https://amzn.to/3xHQ9sG 
►Perfect for founders: https://amzn.to/3ztLrzf  
►For professionals: https://amzn.to/4eRLV26  

Support our channel for free by ordering through these affiliate links! 

▬ Let's be friends! ▬▬▬▬▬▬▬▬▬▬

►Tax knowledge (our main channel): https://www.youtube.com/@STEUERFIT 
►TaxFit for selfemployed: https://www.youtube.com/@STEUERFIT.Selbststaendige
►Tax apprentice: https://www.youtube.com/@STEUERFIT.Karriere 
►Instagram: https://steuerfit.tv/instagram 
►Twitch: https://twitch.tv/steuerfit 
►TikTok: https://steuerfit.tv/tiktok 
►LinkedIn (Melchior): https://steuerfit.tv/linkedin-melchior 

▬ Timestamps ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

0:00 - Intro
0:15 - What are business expenses?
0:40 - Common business expenses
1:05 - Profession-specific costs 
1:52 - Role and task of the tax office 
2:33 - Estimating business & private expenses
3:57 - Special rules for large amounts 
4:24 - Depreciation of fixed assets 
5:33 - Non-deductible or limited deductible business expenses
8:50 - 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.