Learn Tax Online: Guide & Online Course Overview

If you use the tax system to your advantage, you can save a lot of money. Understanding German tax law and the tax system is often described as a challenge if you have not completed any tax training or similar. This is where online tax seminars and courses can help. We have looked at some courses that effectively teach the basics of understanding taxes online and have summarized the most important information about these courses for you here:

When should I take an online tax course? 

Self-employed people can take a tax course or seminar at any time to enrich their knowledge or refresh their existing knowledge. As soon as something changes in your business and you are unclear about tax issues, it is certainly advisable to seek advice / take a course.

It is important for founders to take a tax course right from the start or at least to familiarize themselves with the subject of taxes and the tax office. This is because the topic comes up at the latest when it comes to tax returns or advance VAT returns. If you don’t want to unnecessarily risk a penalty, which is usually just as high as the untaxed amount, you can protect yourself against this for relatively little money.

What are the advantages of an online tax class?

These are the advantages of an online tax course:

1. you save money.

In most cases, seminar costs for a training course are in the region of €300 upwards. Travel costs are usually added to this. With an online course, you usually benefit from cheaper prices that are far below this (approx. €100 downwards).

2. you save time.

Because you can register at any time, an online course offers you flexible start times. This means you can decide when you want to take the tax course. You can also access the online course on public holidays.

3. it is more convenient.

You save any travel costs as you simply study from home. This gives you more time that you can use to build up your business, for example.

What is important when choosing an online tax class?

The most important thing when choosing an online tax course is reliable content and sources. This means the publisher, their expertise and the sources of information used. This way, there are no inconsistencies when it comes to understanding taxes.

It is essential that the information is a) up-to-date and b) reliable. The online courses are therefore usually run by or in collaboration with tax experts. So you can be sure that you are in the best hands. Online courses also offer online advice – just like a traditional consultation. This allows you to conveniently ask your tax questions and receive direct answers. The exchange can also help you to assess the extent to which you need to hire a tax advisor.

Conclusion: To complete a tax course online or not?

If you want to deal with tax issues from home and are interested in understanding the tax system for yourself, you can’t go wrong with an online course. Using a guidebook is also helpful when it comes to identifying tax potential on your own. A tax course is also certainly helpful for those who are not familiar with the subject on their way to self-employment. Thanks to the extras and templates, founders can actively complete their tax return right from the start and, if necessary, set up their own bookkeeping.