Plan company sale early and reduce tax burden
Many entrepreneurs find that selling their business and finding a suitable successor is more time-consuming than expected, and they are often unaware of ways to significantly reduce the high tax burden - especially when the proceeds exceed 500,000 euros. The five biggest mistakes when selling a company: Poor preparation (starting too late and not developing a plan) Superficial and [...]
Germany bequeaths over 400 billion euros - how to avoid paying inheritance tax
The tax-free amounts and tax rates for gift tax and inheritance taxThe overview shows the tax-free amounts and tax rates for gift tax and inheritance tax in Germany. The tax-free amount of €20,000 is very low, especially for people who are not related, and high tax payments are often due when assets are gifted or inherited. This can [...]
Do you want to reduce your tax burden? You can do that with PV systems
Up to 50 per cent of the acquisition costs can be claimed for tax purposes for the previous year via the IAB (investment deduction) Anyone who invests in the solar modules of a photovoltaic system not only benefits from around 6 % yield after costs from the solar energy generated. In addition to a meaningful contribution to the environment, there are considerable tax benefits for people with high incomes, [...]
