Vol 9, Issue 3/2002

Help, I’m making a profit!

When freelance teachers are required to make tax returns. By Thomas Bannenberg

Following Thomas Bannenberg’s examination in our previous issue of essential questions to be considered before the start of freelance teaching – such as tax deductions for training costs, business registration, advertising and insurance – this instalment of the series looks at when tax has to be paid. Income tax and turnover tax are determined not only by the size of one’s income, but also on the context in which one teaches. A tax-free trainer flat-rate is applicable to fees paid by sports clubs and Volkshochschulen (adult education centres). The next instalment focuses on the profit and loss account and on just what can constitute business expenses.

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