Tax Returns  Manufacturers, Traders, Suppliers

A tax return is usually an annual declaration (disclosure) of income to the tax authorities. The income earned is used as the basis for the tax to be determined.There are different types of tax returns: e.g. the income tax return, trade tax return (traders who are obliged to pay trade tax), corporate tax return (for corporations), VAT return (entrepreneurs who must pay VAT) and inheritance tax return.The most common form of tax return that concerns private individuals or individual entrepreneurs is the income tax return. The sum of the income from the seven types of income (profit income: Agriculture, forestry, trade, self-employment; surplus income: employed labour, capital assets, renting and leasing and other income), income-related expenses (costs of surplus income used to secure and maintain income) or In the case of income from salaried employment, the wage tax paid, the solidarity surcharge and possibly church tax are deducted as advance payments and are then offset in the tax return. The income tax return is due by 31 May of the following year. The tax office notifies the tax payable or the credit balance in the tax assessment. You can find further information on this topic under the following links:Tax consultants, tax consulting firms, tax consulting, tax consulting software