Try Accountable
en
- Deutsch
- English
All expenses > Interest
Interest
Tax audit risk
Easiness to justifyDeducted by95 % of independentsRecommended by95 % of independentsFrequency1x per year
Easiness to justifyDeducted by95 % of independentsRecommended by95 % of independentsFrequency1x per year
Good news, generally, interest is fiscally deductible.
When it is linked to your freelance activity, interest is deductible. This also means that interest on loans you use to finance private investments is not deductible.
⚠️ If you are privately borrowing or lending, look for a market-driven interest rate. The tax office will always check whether such contracts were concluded at market conditions.
NEXT UP