So my problem is, I have already achieved everything you need for affiliate. Now the problem is the tax ID. I'm 15 years old and I do not know exactly what that is. Have seen a lot on the internet and seen that you have to 450 euro montalich nothing taxable or something? I really have no idea about the topic, would be nice if someone helps.
The 450, - minijobs would have nothing to do with that.
You've got your tax ID sent to you at some point. Most of the time, the parents sink for their children.
In fact, the topic of tax is not easy with us… Should you read yourself or if you really deserve to get professional advice.
Thanks for the answer
My mother also has a tax ID, but since I'm under 18, I got a shock because that's the first time I've had to familiarize myself with tax issues. If I entered my tax ID on Twitch, would only part of my earned money be taxed, or is there more I need to know?
The tax ID has already been assigned to you at birth. It will stay with you throughout your life.
And 450 euro is the free allowance for a temporary job. But then the employer has to pay the corresponding fees.
What you are doing there would be a notifiable commercial activity.
In principle, EVERY income is taxable.
Small tip: At least from now on it is important to get a reasonable & good tax consultant! From the 1st Euro.
MontanBlack recently released a very instructive & important video with its errors & warnings. Otherwise it can happen that you very quickly unintentionally withdraw taxes and then have to pay a fine in extremely high amounts.
Strictly speaking, the fine is aimed at where you live. The higher in the north, the more expensive the fine.
If a company transfers money to you, it must inform the tax office, otherwise the company can't book this issue as an operating expense.
How one basically takes tax on everything. There are things that reduce the income, there are allowances that reduce the tax, etc.
Potentially, I assume you will not have to pay taxes at the end as a "fresh" streamer. You can earn a few thousand dollars a year without tax. But just because you do not have to pay taxes does not mean that you have no obligations. (For example, the tax office does not know whether you are earning 100, - or 100,000, -)
The problem is that you can't advise you / tax. And you can't say less than 50 euro a month anyway anyway, even if the reality may show something like that regularly.
You can earn a few thousand dollars a year without tax.
Small business regulation what you possibly address?
The problem is that you can't advise you / tax.
That's why the parents are also involved
and you can't say less than 50 euro a month, anyway, even though the reality may show something like that on a regular basis.
Well, any income must be reported, otherwise you would indeed need no tax ID with Twitch to participate in the affiliate program.
No, I certainly do not talk about that. But the income tax knows allowances and if he as a student z.b. Only 8,000 euro surplus would not have been taxed on them… And I assume the small fish earn far less.
it's not that he needs his parents or not. Real tax advice is a "privilege" that you have to work out and you can't just do it that way.
Yes you are right it would have everything. But I assume that the thousands of twitch streamers only explain a fraction of their income somewhere. The whole boys and girls who get out there 200 euro a year pay them out on paypal or anywhere else and are happy about it… No one will go after them.
Only a fraction explains their income somewhere.
That can of course be true… The number of unreported cases is high. Strictly speaking, tax evasion but well.
Monte himself said in his video that if you want to play it safe 50% of the revenue should be set aside for taxes.
He made the mistakes himself to make mistakes or to make himself. In the end he should pay 120,000 euro. Since the fine was not "fixed" on the due fee that you had earned at the time, it later became over 240,000 euro because he had also earned more since & even lives in the far north where the fines are even more expensive than, for example. In Bavaria.
In the end there were only 40,000 additional payment & 20,000 for the tax consultant. The whole but took 1-2 years, he said until the topic was off the table.
Welcome to Germany.
Especially with taxes, I would watch EXTREMELY. The tax office is the most violent club in the whole of Germany with very high rights.
That's the problem if you are unaware of the matter. Many do not think about turnover taxes, or they understand wrong. Some say the "Donations" would donate and taxed… A lot of knowledge that gets dangerous. Especially the dimensions the guy has should not be blue-eyed. He is an entrepreneur and must behave accordingly.
But in itself the tax office is quite ok. They do what they should when you fulfill your duties you can talk well with them. If you dig in advance in the xxxxxx you get problems
If necessary, Twitch has the problem that something just happens. "suddenly" one is 1,000 subscribers and earns good money.
