Flensburg Tax Consultancy, Ina Reese, Specialist Lawyer in Tax Law

Financial Accounting

We take care of your day-to-day finan­cial accoun­ting, from recor­ding busi­ness tran­sac­tions and recon­ci­ling accounts to sub­mit­ting month­ly or quar­ter­ly VAT returns. Based on the­se figu­res, we prepa­re busi­ness ana­ly­sis reports (BWA) which pro­vi­de you with a relia­ble over­view of tur­no­ver, cos­ts and liqui­di­ty throug­hout the year and ser­ve as a basis for decis­i­on-making on stra­te­gic busi­ness direc­tions. This appli­es to sole trad­ers and self-employ­ed pro­fes­sio­nals as well as to part­ner­ships and limi­t­ed com­pa­nies. You can send us your docu­ments in per­son, by post or elec­tro­ni­cal­ly, as agreed; we will arran­ge the han­do­ver with you during our initi­al con­sul­ta­ti­on.

Tax returns

We prepa­re tax returns for inco­me tax, cor­po­ra­ti­on tax, VAT and busi­ness rates, as well as the stan­dar­di­sed and sepa­ra­te assess­ment of tax bases for part­ner­ships and capi­tal gains tax on invest­ment inco­me. For pri­va­te indi­vi­du­als, we hand­le the annu­al inco­me tax return; for busi­nesses, we take care of the full com­pa­ny tax return, inclu­ding mee­ting the rele­vant dead­lines set by the tax office. We check the rele­vant details for com­ple­ten­ess and plau­si­bi­li­ty befo­re the return is sub­mit­ted, and are available to act as your point of cont­act should the tax office have any queries.

Annual accounts

We prepa­re your annu­al accounts – the balan­ce sheet and pro­fit and loss account for com­pa­nies requi­red to prepa­re finan­cial state­ments, as well as the cash-based inco­me state­ment for self-employ­ed pro­fes­sio­nals and small busi­ness owners. For limi­t­ed com­pa­nies such as GmbHs or UGs, we can also, on request, hand­le the legal­ly requi­red dis­clo­sure or fil­ing of the annu­al accounts with the elec­tro­nic Fede­ral Gazet­te. In this way, we ensu­re that the dead­lines under com­mer­cial and tax law are met and that you can rely on an accu­ra­te, trans­par­ent­ly docu­men­ted repre­sen­ta­ti­on of your finan­cial year.

Ongoing tax advice & tax audits

Bey­ond sim­ply fil­ing tax returns, we are available to you throug­hout the year as your point of cont­act for day-to-day tax mat­ters, such as invest­ment decis­i­ons, choo­sing a legal form or draf­ting artic­les of asso­cia­ti­on (find out more on our com­pa­ny law page). If the tax office announ­ces a tax audit, we will prepa­re the reques­ted docu­ments, gui­de you through the enti­re audit pro­cess and liai­se direct­ly with the audi­tor to ensu­re that any queries are resol­ved prompt­ly and appro­pria­te­ly.

Tax and legal advice from a single source

Tax and legal issues can rare­ly be cle­ar­ly sepa­ra­ted; for exam­p­le, when set­ting up a busi­ness, whe­re the legal form and tax impli­ca­ti­ons must be con­side­red tog­e­ther; during res­truc­tu­ring; or when a tax audit gives rise to cri­mi­nal tax law impli­ca­ti­ons. As Ina Ree­se is both a spe­cia­list soli­ci­tor in tax law and a soli­ci­tor with spe­cia­list accre­di­ta­ti­on in tax law, we exami­ne such mat­ters from both per­spec­ti­ves and, whe­re neces­sa­ry, take on legal repre­sen­ta­ti­on direct­ly, for exam­p­le in com­pa­ny law or in tax law and cri­mi­nal tax law, wit­hout you having to enga­ge an exter­nal law firm.

Process: From the initial assessment to ongoing support

We begin with an initi­al con­sul­ta­ti­on las­ting around 15 minu­tes, during which we assess your situa­ti­on and your advi­so­ry needs, and cla­ri­fy which docu­ments are requi­red to get star­ted. It is also pos­si­ble to take over an ongo­ing cli­ent account from ano­ther tax con­sul­tancy; we will coor­di­na­te the han­do­ver of the pre­vious year’s data with you in a struc­tu­red man­ner. Buil­ding on this, we will deve­lop an ongo­ing sup­port packa­ge tail­o­red to your busi­ness or per­so­nal cir­cum­s­tances, ran­ging from month­ly book­kee­ping to your annu­al tax return.