Fear that you won't be able to run your business

Joita9865

In the opinion of the National Tax Information, the withdrawal of goods to private property under the above-mentioned provisions, from which the entrepreneur has deducted or had the right to deduct VAT, is treated on an equal footing with sales and should also be recorded at the cash register. It is advisable that, for example, when withdrawing a functional mobile phone from the company from which VAT has been deducted, such withdrawal should be documented with a receipt.

If you do not have a cash register, you should purchase it before withdrawing the goods to private property in order to be philippines photo editor able to fulfill the indicated obligation. Selling your phone after closing your business After closing/liquidating a business, the assets that were previously company assets become private assets. The sale of a telephone triggers tax obligations under PIT if it occurs within years from the first day of the month following the month in which the business was liquidated. In such a situation, PIT must be paid on this transaction and taxed according to the rules applicable to the liquidated business.



For general principles scale tax and flat tax , taxable income is the amount from the sale of the telephone less the costs of obtaining income. Share with others: Up Previous article What is an enforcement order? Next article Competition and consumer protection - additional protection for entrepreneurs Clause/disclaimer on ifirma.pl We encourage you to comment on our articles. Express your opinion and engage in discussions with other readers. We answer individual questions related to taxes and accounting of ifirma.pl users via e-mail, chat or telephone - Company collective labor agreement – ​​what is it? ifirma.