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Income tax for self-employed individuals is determined by the allocation of assets to business or private assets, with business assets being relevant for tax purposes. Transfers between types of assets have tax consequences, influenced by their use and utilization.

Income from self-employment arises from the net profit of the business, influenced by ordinary and extraordinary results. Tax calculations are based on commercial accounting, which is, however, adjusted for tax purposes.

The Federal Supreme Court decided that transportation costs for students of a special school qualify as subsidies and are not subject to value-added tax. This is based on the right to free education, regardless of place of residence.

Self-employment combines labor and capital in one's own business with an economic purpose; income from it is subject to income tax. Asset management is generally not included.

Starting January 1, 2015, new balance tax rates for value-added tax will apply, with affected companies also permitted to switch to the balance tax rate method in advance. Changes in the tax rates can be viewed by the companies in a preliminary print of the regulation.

All income from non-independent work, including salary, expenses, cash and benefits in kind, is taxable. Benefits such as employee shares and tips are also taxable.

Findea AG opened a new location in Basel on November 1 and offers fiduciary consulting. The office is centrally located at Aeschenvorstadt 37, near the main train station and tram stop.

FINDEA will open a new branch in Zurich on November 1, 2014, with Dominik Tschochner as the branch manager. The branch offers a wide range of fiduciary services and is located near the Zurich Stadelhofen train station.

The annual financial statement requires compliance with legal and tax regulations. A precise checklist ensures a systematic recording of all necessary documents.