Under the Dutch Income Tax Act, any remuneration received from an employment relationship is subject to income tax. However, there are several exceptions set out in the Work-Related Costs Scheme (WKR). So, what exactly is this scheme?Through this scheme, an employer can determine, within certain limits, which benefits or reimbursements they can provide to employees without incurring tax. Examples include gym memberships, Christmas gifts, and staff outings.

Do entrepreneurs get mortgage interest relief? Why don’t I get any mortgage interest refund as a self-employed person? These are common questions I receive from clients when they are about to buy a house or have just bought one. How does mortgage interest relief work, and what does it mean for entrepreneurs? In this article, I will explain it.

Do entrepreneurs get mortgage interest relief? Why don’t I get any mortgage interest refund as a self-employed person? These are common questions I receive from clients when they are about to buy a house or have just bought one. How does mortgage interest relief work, and what does it mean for entrepreneurs? In this article, I will explain it.

When do entrepreneurs need to file their tax returns? Which taxes do you need to file for? Will you be fined if you miss the deadline? As a business owner, it can be confusing to know when and which tax returns you need to submit. Below, you’ll find the deadlines and timelines for all the tax returns entrepreneurs need to file.‍

After building your business for a few years, a buyer shows up for the company. You sell the business and make a nice profit on it. This profit is called cessation profit. Unfortunately, this profit is immediately subject to income tax of up to 49.5%. You have worked for years, and when you make a profit, you have to immediately pay half to the tax authorities. In this article, you will learn how to prevent this!

How can you, as an entrepreneur or director-major shareholder (DGA) in the Netherlands, pay less tax by using your partner’s tax credit?In this article, I explain what the general tax credit is and how you can maximize it by increasing your partner’s income and make sure you will pay less taxes!

Almost every director and major shareholder (DGA) has a current account with their BV. This current account often arises because the DGA pays personal expenses with the business account or temporarily borrows money from the BV. Normally, debts and claims between the DGA and BV are not a problem for the legislator. However, in some cases, the debts become so high that they will be seen as excessive.

If you started your own sole proprietorship a few years ago and things are going well, you may come to the realization: “I need to switch to a BV!” But then what? How does this work? What should I keep in mind? If you want to transfer your sole proprietorship to a BV, it can sometimes be a complicated process. It’s not as simple as shutting down your sole proprietorship and starting a new BV.

More and more companies are seeing potential in the opportunities offered by blockchain. This is not only about trading in various cryptocurrencies, but also about all kinds of other solutions based on blockchain. Companies that specialize in crypto often get paid in cryptocurrency. Since cryptocurrencies still have an extremely uncertain fiscal status, and the coins can also be quite volatile, the question arises of how to deal with cryptocurrencies in the annual accounts.

When starting a private limited company (BV), you need to consider whether you want to set up one BV or a holding structure. In corporate law, there is an expression that says, “One BV is not a BV.” I believe in keeping things as simple as possible, and I certainly don’t always agree with this statement! However, there are certainly reasons to choose a holding.

In recent years, there has been a lot of discussion about the wealth tax. The High Court has rejected the current system. As a result, the government must devise a new wealth tax. The Secretary of State has presented his new plans. Read here what these plans entail.

When starting your new business venture, the first decision you must make is the choice of the legal structure under which you will operate. Often, the decision comes down to choosing between a eenmanszaak and a limited company (BV). In this article, I will explain the differences between an eenmanszaak and a Ltd. and help guide you in making the decision.

Of course, the private limited company and you as the controlling shareholder are strictly separate entities. In practice, however, financial matters are often intertwined. This is because, for example, you may pay personal expenses from the company account or deposit money into the company account, and vice versa. In principle, this all leads to mutual claims. However, in practice, this would be an unworkable situation, which is why we use a current account.

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‍The Dutch Income Tax Act determines that salary is everything that arises from an employment relationship. This salary is subject to income tax, but there are exceptions to this rule that are specified in the Working Conditions Decree (WKR). As a DGA, you are also an employee of your BV, which means that these tax-free exceptions also apply to you!