We cover all forms of simplified accounting (revenue and expenses journal, revenue lump tax, fixed lump tax)
Revenue and expense journal (REJ) is, without a doubt, the most popular form of book keeping for taxation purposes. It allows companies with relatively high sales volumes (up to EUR 1,2m) not to maintain full double-entry accounting.
The advantage is that most of the costs are tax allowed, including depreciation, interest, leasing or marketing costs.
There are two tax scales available while running REJ : progressive (18%, 32%) and linear (19%). Making a choice of optimum tax scale many factors should be taken into consideration, e.g. total income of the spouses and tax reliefs