Operating expenses: Definition
All costs incurred in connection with your business activities are considered operating expenses.
Examples: Work equipment, office rent, travel costs, training, insurance.
Benefits: By deducting operating expenses, you can lower your tax liability. To do this, you must first record the expenses in your accounting.
What do you need to consider?
Collect and properly record all receipts in your accounting.
Depending on the type of expense, you may be able to deduct it immediately or spread it over several years (depreciation).
How is the deduction applied?
Record it in your income-surplus statement (EÜR) or balance sheet.
Certain flat rates can be used (e.g. for travel expenses or additional meal allowances).
Do you need support?
For our clients:
Feel free to reach out to us anytime at kontakt-team@smarta-steuern.de or book a consultation here – we're here for you!
Not a smarta client yet? No problem!
Book an appointment here for our comprehensive startup package or a consultation if you only have questions about specific topics.
Further questions?
Contact us via the app or by email at kontakt-team@smarta-steuern.de if you want to learn more about our consulting services or have other tax-related concerns.