What does a tax consultant do?

A tax advisor is a trained professional who assists individuals, businesses and organisations with all tax-related matters. The main tasks of a tax advisor are:

1. Tax advice: Tax advisors provide comprehensive advice on tax laws and regulations. They help their clients identify and take advantage of tax optimisation opportunities.
2. Preparation of tax returns: They are responsible for preparing and filing tax returns, including income tax, sales tax and corporate tax. In doing so, they ensure that all relevant information is submitted correctly and on time.
3. Financial accounting: Many tax advisors also offer accounting services. They manage the financial accounting for companies, prepare monthly and annual financial statements and ensure that the accounting meets legal requirements.
4. Tax planning: Tax advisors help with strategic tax planning to minimise their clients’ tax burden. They develop individual tax strategies that are tailored to the specific needs and goals of their clients.
5. Representation before the tax office: Tax advisors represent their clients in all tax matters, including tax audits or disputes with the tax office. They support their clients throughout the entire process.
6. Consultancy on company formation: They support founders in choosing the appropriate legal form, in drawing up business plans and in applying for funding.
7. Training and information: Tax advisors are constantly keeping up to date with current tax changes and laws so that they can always offer their clients the best and most up-to-date information.

Conclusion

The services of a tax advisor are essential for many people and businesses to ensure that they meet their tax obligations while also benefiting from potential tax savings. A tax advisor not only brings expertise but also experience to find individual solutions and optimise the financial situation of their clients.