Am I eligible for the self-employed tax deduction?

The self-employed tax deduction is a tax allowance for start-up entrepreneurs and self-employed professionals and freelancers. The scheme allows you to deduct fixed amounts from your profits. How does this benefit you? It means that you pay less tax.

The self-employed tax deduction is a tax write-off

You are entitled to use this tax deduction if you meet the following criteria:

  • You are considered an entrepreneur by the Dutch tax authorities
  • You spend at least 1,225 hours a year working in your company (this means that you meet the ‘hours criterion’)
  • You work in the business yourself (alone or with other people)

How much is it?

At the moment, it’s a fixed amount that is determined each year. In 2018, the self-employed tax deduction amounts to € 7,280.

Am I eligible for the self-employed tax deduction?

The answer to the question is… Yes, you’re eligible for the self-employed tax deduction if you meet the following requirements:

  • You are a self-employed entrepreneur (you have a one-man business, a general partnership (VoF) or a partnership (maatschap))
  • You meet the ‘hours criterion’

What is the hours criterion?

The hours criterion requires you to spend at least 1,225 hours a year (paid and unpaid) working in your business. If you are also in paid employment and are no longer a start-up entrepreneur, you must spend at least 50% of your total working hours in your own company.

© 2022 NAHV - Made by Tatof.nl | Terms and Conditions | Privacy policy