The importance of VAT in the hospitality industry Value added tax (VAT) plays a central role in the catering industry, going far beyond simple price calculation. It influences both business planning and the competitiveness of restaurants, cafés and other catering establishments. An understanding of the applicable regulations and the optimal application of this tax is…
Have you ever wondered how to get the most out of your handyman invoice? When invoicing tradesmen’s services, it is crucial to show the mandatory details correctly in order to clearly separate the costs for working time and material costs. This is the only way your customers can deduct the wage costs and labor costs…
For small business owners, it is crucial to keep the tax burden as low as possible in order to maximize profits and keep the business healthy. Especially when self-employed, the tax system can often be complex and confusing. However, with the right tips and careful planning, taxes can be saved effectively. In this article, we…
From January 1, 2025, the new Growth Opportunities Act will come into force, which will bring significant changes to invoicing between domestic companies (B2B). In this blog post, you can find out what impact the new draft law will have on companies and what you need to be prepared for. Background and aim of the…
Why e-invoicing software for SMEs? In today’s digital world, small and medium-sized enterprises (SMEs) face the challenge of optimising their processes while keeping costs low. One way to achieve this is to use e-invoicing software. These modern solutions not only simplify invoicing, but also offer a range of benefits from cost reduction to legal compliance….
Why is e-invoicing relevant for tax consultants? The Growth Opportunities Act was passed by the Federal Council on 22 March 2024 and many entrepreneurs and tax consultants are now facing changes. E-invoicing is coming and is once again revolutionising the financial and tax market in Germany. But what exactly is e-invoicing all about? What requirements…
In today’s digital era, where efficiency and speed are key, companies are constantly looking for new ways to optimize their business processes. One such innovation that is helping businesses do this is the introduction of e-invoicing, particularly for small and medium-sized enterprises (SMEs). In this guide, we will take an in-depth look at the process…
*Guest post: ElevateX Freelance Community In the world of work, especially among freelancers and the companies that work with them, the topic of false self-employment is of great importance. This post summarizes the key aspects and recommendations from some of our previous articles to provide a clear, understandable and actionable overview. You can find more…
