Tax for businesses:

Depending on your legal form and your profit you will need to have a tax advisor to get your balance sheet created. But also if you don´t need to get a balance sheet it could be helpful to consult a tax advisor. For example, you will have several income types if you started your business during the year 2020. Also, special expenses and extra costs from your founding might be tax-deductible.

Private tax:

But also if you´re still employed it will be helpful for you to get in touch with a tax advisor because the German government changed some regulations regarding cost from the home office.

As tax advisors are still very busy because of the corona-support payments through the government, we would recommend you to take action in the next few days. If you don´t have one, don´t forget one of our experts is a tax advisor.