This has been the case for the past years, but since Jakub started invoicing in Numiron and is connected to his bank, this obligation has been completely simplified for him.

He doesn't stress because the whole tax return and payment will take him a few minutes. Numiron includes a new Tax module with a form for filing personal tax returns.

How does it work?

1. In Numiron Jakub creates and accounts for all invoices from his business continuously throughout the year - the amount of paid invoices is automatically uploaded to the trade income field, Jacob just ticks that he is claiming flat rate expenses and doesn't have to do anything more
2. It also keeps a running record of all social and health insurance contributions paid - social security and health insurance paid is automatically uploaded into the relevant fields tax return
3. If flat-rate expenses are applied, tax records must be kept. One of the annexes is a list of receivables as at 31.12. Numiron automatically uploads the amount of unpaid invoices to the appropriate entry.
4. If Jakub had other income, for example from employment, rent, capital assets, or any of the other almost 40 types of income, you can easily call them up in Numiron.
5. Jakub can see in real time what his tax liability is. Since he has an account with Tatra banka, he can see it after processing his tax return pay directly from Numiron to the account of the tax office.

You can do your personal tax return this cleverly next year too.

Just start invoicing in Numiron. Try Numiron in the highest version for 3 months for free and see for yourself how easy it is to work in it.

Extra bonus

James uses business account from Tatra banka. Thanks to the cooperation of Tatra banka and Numiron, you can take advantage of the highest tax return package complete for 1€. Saves €59 and at the same time be sure that their tax return will be correct, as all tax returns created in Numiron are checked by a tax advisor.

Read the other blogs in the Jakub asks series to learn about other benefits of using Numiron.