Estimate turnover
Business income = turnover
Necessary data: Price and order volume
Example: 100 hours per month (order volume) at an hourly rate of € 60.00 (price)
Calculation example:
100 x € 60 = € 6,000.00 per month x 12 = € 72,000.00 annual business income = turnover |
Estimate profit
Profit = business income - business expenses (costs)
Business expenses = home office, work equipment & software, business trips or meals, travel expenses and much more.
Calculation example:
€ 72,000.00 business income/turnover - € 12,000.00 business expenses = € 60,000.00 profit
Please note: Health and social insurance do not count as business expenses, but are recognized as special expenses to reduce tax. |
For customers of the Kontist tax service:
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