The best tips for running your business and insightful news from the world of entrepreneurship.
Business tips, Sole trader expenses, Sole trader taxes | 06/12/16 17:22
Germany can be a weird place. Where else do you get letters out of nowhere, asking you to pay for stuff you never ordered or even wanted? Nobody is safe from the Rundfunkbeitrag letters (former GEZ - TV and radio licence), nobody is safe from the Finanzamt – the German tax authorities – finding you and sending you your Tax ID. Freelancers are at risk of receiving yet another letter from a mysterious institution demanding money: The IHK.
Business tips, Sole trader taxes | 29/11/16 12:23
Germany is proud of its national efficiency stereotype. We get stuff done. But efficiency comes with complicated procedures and systems. Like our tax system, for example. It's like the authorities are making fun of us by inventing unpronounceable words like “Umsatzsteuervoranmeldung”, “Lohnsteuervorauszahlung” or “Steueridentifikationsnummer”, and, to make it even more fun and confusing, “Steuernummer”, which is two different things. But confusion must be avoided, especially regarding the last two unpronounceable words, as they are very important for the (expat) freelancer!
How to use Holvi, Holvi-centric, Sole trader taxes, Bookkeeping for small businesses | 16/08/16 11:18
One of the biggest challenges of entrepreneurship is the accounting that comes with it. Time spent on accounting is time that could have been spent on something productive, but wasn’t. On top of this (or because of this) accounting is an endless source of frustration and stress.