Toiminimi beginner questions

[menene]

Hello forum,

I started the process of opening a Toiminimi on 10.5.2013 and have been receiving several letters from different government agencies with different information (unfortunately most of them in Finnish - but well, I understand). I have to say that setting up the Toiminimi was a rather cheap and fast process and I really appreciate this is at least easy for all of us.

Being said that, I briefly explain my situation. My accounting period goes from 1.1 to 31.12, while first/last dates of the first accounting period goes from 10.5 to 31.12. I signed up for prepayment system and VAT Register. My benefit estimation is less than 8000 €. Now, my questions are related with reporting periods (bearing in mind I will be using online services to do this):

- VAT: Do I have to report VAT every month before 12th of each month? I went through the form I filled and did not see any specific period for this, so I guess that is right. I am not paying VAT since I am working for foreign companies for now, but filling that form is mandatory anyway. Since all the forms are in Finnish, is it possible that someone tells me which form is the right one?

- Pre-Payment system: Under "Reporting and payment periods of certain self-initiated taxes" section, I chose to report this every 1/4 year. My questions are: a) When do I have to pay this (10th of every month i.e. 10th January, 10th April, 10th July, 10th October)? b) If 'a' applies, how much do I have to pay every time? // Related with this, I received a letter about the total quantity I have to pay regarding to the pre-payment, but did not say anything about deadline.

I understand I have to take all this (messy) questions to tax office or an accountant and I apologize beforehand for asking this questions here. However, I literally did not have time to deal with this before so that is why I decided to ask help here since the deadline (for the VAT at least) is on 12th and otherwise would be a bit difficult to have everything ready on time.

Thank you!

[Pursuivant]

Welll... ummm... isn't it OVER 8000 you need to do the VAt and prepayment and LEL and whatnot?

[masao]

Hi. it seems like I was in the similar situation last year.
I have a toiminimi with a small transaction since 2011.
I remember that sometime last year the tax office contacted me for the missing reporting. I visited them in Myyrmäki and
changed my reporting period to once a year, and it is ok since then.
Well, since then I pay the alv back to them in February and do the tax report in April.
t, masao

[menene]

Welll... ummm... isn't it OVER 8000 you need to do the VAt and prepayment and LEL and whatnot?

Income estimate is 6000 €, benefits are 4000 € (I do not expect too much this year because my other country's business, that is why). But I guess that:

a) Even If I do not get any VAT, don't I have to fill the form anyway?

b) What about the invoice stating that I have to pay 29,60 € (pre-payment?)

It is possible that I misunderstood something, so please feel free to correct me.

Thanks.

[tjawatts]

The prepayment for taxes they should send you payment slips with amounts and payment dates.

T