A balance sheet or a Form EÜR must be submitted electronically for each business.
The previously applicable regulation for small businesses, under which businesses with operating income of less than 22.000 Euro were allowed to determine their profit informally, has been abolished.
Exception: Employees and elderly people who are not obliged to submit an electronic tax return and who receive compensation for their voluntary work up to the amount of the allowance for voluntary work of 840 Euro or the trainer's allowance of 3.000 Euro per year may, however, continue to use paper forms for their tax return. In many cases, at least, this is not objected to.
