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Business Lessons in Denmark
Cool Accounts ApS
54 episodes
5 days ago
Time is money - but so is knowledge. This podcast from Cool Accounts ApS gives you practical advice and useful tips about the administration and financial management of your company. It helps you with taxes and all the other legal stuff, you should have known from the beginning but nobody told you… Contact us via: www.accounts.cool
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Entrepreneurship
Business
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All content for Business Lessons in Denmark is the property of Cool Accounts ApS and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Time is money - but so is knowledge. This podcast from Cool Accounts ApS gives you practical advice and useful tips about the administration and financial management of your company. It helps you with taxes and all the other legal stuff, you should have known from the beginning but nobody told you… Contact us via: www.accounts.cool
Show more...
Entrepreneurship
Business
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#43 Deducting expenses: What does it really mean?
Business Lessons in Denmark
13 minutes 58 seconds
1 year ago
#43 Deducting expenses: What does it really mean?

If something can be 100% deducted in our company, does that mean it’s free? 💸 What exactly does deducting business expenses mean? 🤔 In our latest episode, Lilla Beck, the owner of Rene Linier cleaning company joined us to clarify what deducting expenses actually means. How is this related to the tax base and what are tax base allowances/deductions? 💰 Join us to avoid making the mistake that unfortunately some people make when thinking about expense deduction! 🎙️

🚀 Chapters: 00:00 - Intro 00:27 - Welcome 01:28 - What does expense deduction mean? 02:50 - Tax-base: What does it mean? 06:28 - Tax-base deduction: What does it mean? 08:36 - Figures in Dinero: Are they accurate? 10:12 - Summary 12:15 - Closing thoughts Key takeaways from the episode: 📌 Company expenses are deducted from the tax base, not from the tax itself. 📌 The tax base is the amount on which we pay taxes. 📌 Tax base deductions are financial benefits established by the state, aimed at reducing taxpayers’ burdens and encouraging certain activities.

🦉 Cool Accounts ApS Get the most out of your business! Leave the bookkeeping and tax matters to a specialist! https://accounts.cool/en/

Business Lessons in Denmark
Time is money - but so is knowledge. This podcast from Cool Accounts ApS gives you practical advice and useful tips about the administration and financial management of your company. It helps you with taxes and all the other legal stuff, you should have known from the beginning but nobody told you… Contact us via: www.accounts.cool