Tax advice for the mail order business (e-commerce, online store)
Constantly adapted tax law for a fast-moving industry
In the online mail order business, things have to move fast. Customers want the ordered goods as quickly as possible. The mail order company wants its money as quickly as possible and must be able to keep the goods in stock or procure them at short notice. Tax issues and business management considerations quickly fall by the wayside. Those who have informed themselves beforehand have a clear advantage.
A Benefitax VAT report helps you to avoid costly mistakes. It tells you whether invoices should be issued with or without VAT and what information must be included on your invoice.
If you need to register as a VAT entrepreneur abroad, we will recognize this for you. On request, we can also find the right local VAT experts for you and/or coordinate the work of various tax advisors in different countries.
In this way, you can work with us to avoid double declarations of the same facts or withholding VAT facts from the tax authorities out of ignorance (Attention: tax evasion).
If you participate in intra-Community trade in goods, you are legally obliged to submit monthly information on your outgoing and incoming goods to the Federal Statistical Office. We prepare these Intrastat declarations for you. The reporting threshold for Intrastat declarations for incoming goods is currently 800,000 euros and 500,000 euros for outgoing goods.
The IT procedure ATLAS (Automated Tariff and Local Customs Clearance System) ensures the largely automated clearance and monitoring of cross-border goods traffic. This involves imports or exports from third countries.
An electronic entry or exit summary declaration must be submitted for goods brought into or out of the customs territory of the Community. On request, we can find a customs expert for you and coordinate their work with ours. Alternatively, your logistics provider can do this for you.
If you want to know which products you are making or losing money with, you may need a functioning cost accounting system. A regular review of the allocations and reconciliation with the financial accounting or the annual financial statements is essential. Otherwise, you may end up earning much less money from a product than you think. Even good controllers are not immune to mistakes and occasionally need a good professional sparring partner such as an auditor. Contact us if you would like us to do this for you.
Are you interested? Then make an appointment with us.
Special services for the mail order business
- Monitoring the delivery thresholds of the individual countries of destination.
- Value added tax report. Overview of the VAT treatment of various deliveries and services in Germany and abroad as well as to entrepreneurs and private individuals.
- Use the bank assistant. This allows your bank transactions to be read in digitally and posted automatically. Of course, you can count on one of our expert employees to monitor your transactions. Advantages for you: It's cheaper and we no longer need paper account statements.
- Avoidance of cost-intensive double entry by the client and the tax consultant (e.g. by importing CSV files).
- Assistance with the selection of fiscal representatives in the respective countries of destination.
- With DATEV Unternehmen-Online, you keep your receipts in paper form. We receive the receipts digitally and link them to the accounting record. You have full read access and retain an overview.
- Industry comparison. You receive evaluations from us with the average figures of your competitors.
