German Tax Basics & Bookkeeping for Beginners

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About Course

Invoicing, Expense Tracking, Tax Deadlines, and Introduction to Elster

This module is designed to introduce beginners to the essentials of managing taxes and bookkeeping as a self-employed individual or small business owner in Germany. Whether you are a freelancer, a small business owner, or both, understanding the basics of invoicing, expense tracking, and meeting tax deadlines is crucial to staying compliant and avoiding costly mistakes.

Through practical guidance, you will learn how to create professional invoices that meet German legal requirements, track your business expenses efficiently, and manage your finances throughout the year. We will also introduce you to Elster, the official online portal for tax declarations in Germany, where you’ll learn how to submit tax returns and access important tax documents.

By the end of this workshop, you will have a solid understanding of how to handle your day-to-day bookkeeping, file taxes on time, and use Elster to simplify your tax management process, helping you maintain a smooth and compliant business operation.

 

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What Will You Learn?

  • Invoicing 101: How to create legally-compliant invoices, including the required information (e.g. VAT, Steuernummer)
  • Expense Tracking: How to track business-related expenses for tax purposes and keep organized records
  • Tax Deadlines: Key tax filing dates and how to avoid penalties
  • Elster Introduction: Navigating the Elster portal for tax filings and digital communication with the Finanzamt
  • Overview of Common Deductions: What expenses are deductible, and how to categorize them for tax savings

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