When is a tax advisor worthwhile?

If you are currently still unsure whether you want to prepare your tax return with an advisor, it makes sense to first look at the current structure of your company.

Many have already had to recognize here in the past that it is difficult without a Tax advisor, responsible for the tax return and is responsible for regular bookings and at the same time is available for inquiries to keep track of things.
Conversely, a tax advisor can relieve you and at the same time help you take advantage of all tax benefits resulting from current requirements.

Conversely, one tax advisor can relieve you and at the same time help you take advantage of all tax benefits that result from current requirements.

Many answer the question “Is a tax advisor worthwhile? “Now with “yes” because...:
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· Your working day is limited in time and many find it reassuring when they can use the time available for their core business. Accounting mistakes are not only annoying, but can also be expensive — for example if you provide incorrect information or miss a deadline.
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· Tax laws are constantly changing and it is important to stay up to date here.

· With a tax advisor, you can save money by optimising your taxes through his know-how.

By the way, you can also use the expertise of a tax advisor to make well-founded business decisions.

This is a detail that many often overlook. A tax advisor can support not only “large companies”, but also private individuals and self-employed people.
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Especially when those affected are uncertain or are confronted with a somewhat more complex tax situation, it is a good idea to think more carefully about the possible support from a tax advisor. The answer to the question “When should a tax advisor help? “is then in turn dependent on one's own security needs, but also on background knowledge.
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For self-employed people, a tax advisor is particularly worthwhile if...:

· they are self-employed for the first time and would like support with regard to topics such as accounting, tax returns and legal forms

· Revenues fluctuate strongly and it is becoming important to be careful with regard to advance payments and tax returns

· Workers are employed

· business activity is becoming more international

· Depreciation and subsidies should be used optimally.

It can also be worthwhile for private individuals to get help from a tax advisor with their income tax return. This is especially true when...:

· Real estate is owned or real estate is rented or leased

· Income is generated from investments

· Alimony should be paid and/or child allowances should be claimed.

The more confusing and complex a tax situation becomes, the more worthwhile a tax advisor is. Many self-employed people who expand their business at some point and found a GmbH or a UG, for example, decide to seek support at that stage at the latest.

Note: We show the specific benefits and service offerings of our Tax advice for GmbH or UG for you on.

Die Costs for a tax advisor are made up of several factors. The basis for the fees that are billed at the end is usually based on the Tax Consultant Remuneration Code (StBVV). This forms the legal basis for billing.

The following points play a particularly important role here:

· Type and scope of service: The more complex and complex the activity — such as preparing annual financial statements or tax planning advice — the higher the fee is within the permitted limits.

· Item value: Compensation is often based on the so-called item value, e.g. on turnover or on the amount of declared income.

· Additional services: Services outside regular activities — such as accompanying a tax audit, urgent orders or individual tax advice — are charged separately.

· Flat or fixed prices: Many tax advisors also offer monthly flat rates or fixed price agreements for recurring services, such as ongoing bookkeeping or advance sales tax returns.

Note: In certain cases (e.g. payslips or simple tax returns), the time fee may also apply.