Peter Scheller
Berater für Wirtschaftsprüfer, Rechtsanwälte, Steuer- und Unternehmensberater

„Wenn es knifflig wird.“

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Expatriates: Impacts of a hard BREXIT for British citizens living in Germany

von Peter Scheller (Kommentare: 0)

The United Kingdom and the European Union are still negotiating about an exit agreement. The hard line of EU negotiators and more so the deep discord within the governing Conservative party about Great Britain’s negotiation strategy make it more and more unlikely that both parties will come to an agreement by 29 March 2019. A hard Brexit become more and more a likely scenario. This will have wide-reaching consequences for British citizens living in Germany.

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Expatriates: 10 issues to be considered as a retired person in Germany

von Peter Scheller (Kommentare: 0)

Expatriates: 10 issues to be considered as a retired person in Germany

In general expatriates relocate to Germany for business or job reasons. However, there is a growing number of expatriates especially from the US and the UK who are moving to Germany when reaching retirement age. The reasons for this move …

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Implications of Brexit on Irish economy

von Peter Scheller (Kommentare: 0)

Implications of Brexit on Irish economy

The German-Irish Chamber of Industry and Commerce (Deutsch-Irische Industrie- und Handelskammer) published a report Brexit – a view from the Chambers in December 2016 about the economical impact of the Brexit on Ireland’s economy. The authors of the report analyse …

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German tax residence

von Peter Scheller (Kommentare: 0)

German tax residence

Residence is one of the most common criteria for the taxation on income. Most states tax the worldwide income of a person who is a resident within their territory. Unfortunately every state is free to define the term residence differently. …

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EU-Beihilfeverbot und Erbschaftsteuer

von Peter Scheller (Kommentare: 0)

EU-Beihilfeverbot und Erbschaftsteuer

Staatliche Beihilfen für einzelne Unternehmen und Branchen sind in der Europäischen Union unter gewissen Umständen verboten. In den letzten Jahren sind vermehrt steuerlich begünstigende Vorschriften in den Fokus der Europäischen Kommision gerückt. Wird durch den EuGH festgestellt, dass eine Vorschrift … 

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Penalties for „aggressive“ tax advisors?

von Peter Scheller (Kommentare: 0)

Penalties for „aggressive“ tax advisors?

British tax authorities consider penalties for advisors who promote tax avoidance schemes. Her Majesty’s Revenue and Customs (HMRC) published a discussion document titled Strengening tax avoidance sanctions and deterrents . So far only a penalty legislation for users of tax avoidance schemes …

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Brexit: 10 tax issues to be considered

von Peter Scheller (Kommentare: 0)

Brexit: 10 tax issues to be considered

On 23 June 2016 a majority of British voters decided to leave the European Union. Leaving the European Union will have major tax consequences both for UK and European businesses. The most predictable will be the implications on harmonized tax systems. … 

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UK Inheritance Tax: Increased nil-rate band

von Peter Scheller (Kommentare: 0)

UK Inheritance Tax: Increased nil-rate band

The British government published Finance (No. 2) Bill 2015-16 on 24 March 2016. The Bill implements changes announced at the Budget for 2016-2017 and implements specifically  changes anounced at Summer Budget 2015. One of the changes is the increased nil-rate …

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Will overturned by Royal Court of Justice

von Peter Scheller (Kommentare: 0)

Will overturned by Royal Court of Justice

It does not happen very often that a Court decision over inheritance law gets high profile publicity. However, the recent verdict of Her Majesty’s Court of Appeal regarding Heather Ilott’s share of inheritance attracted public attention on a large scale. You may …

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Why is the British referendum on Europe necessary?

von Peter Scheller (Kommentare: 0)

Why is the British referendum on Europe necessary?

You might wonder why a pro-European German thinks that a referendum about Great Britain’s EU-membership is essential. This is despite the fact that I am an anglophile, have a Scottish wife and friends and colleagues from all over the Anglo-Saxon world. Why …

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Taxation of spouses in Germany

von Peter Scheller (Kommentare: 0)

Taxation of spouses in Germany

In Germany resident spouses will be jointly assessed for income tax purposes unless they opt for seperate assessment. Joint assessment decreases the tax burden if one spouse’s income is highrer than that of the other spouse. If a spouse qualifies for …

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Taxation of Stock Option Plans in Germany

von Peter Scheller (Kommentare: 0)

Taxation of Stock Option Plans in Germany

Expatriates especially from the USA and the Anglo-Saxon world who have been sent to Germany by their employers are often beneficiaries of stock option plans. Regularly these employees exercise options while staying in Germany. This raises the question of how benefits will be …

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Income tax assessment in Germany

von Peter Scheller (Kommentare: 0)

Income tax assessment in Germany

A lot of countries such as the USA and the UK adopted a self-assessment regime in order to collect income tax. This means that an individual has to declare tax relevant items such as taxable income and deductible expenses. Every taxpayer has …

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Property Service Fees

von Peter Scheller (Kommentare: 0)

Property Service Fees

Individuals can claim tax deductions for expenses connected to private homes. These rules promote family homes but also secondary residences or holiday homes. In Germany these fees are called Haushaltsnahe Dienstleistungen. Services must be linked to the household. These favourable regulations cover employments …

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