{"id":3230,"date":"2022-05-06T13:35:00","date_gmt":"2022-05-06T13:35:00","guid":{"rendered":"https:\/\/wwwstaging.keesdeboekhouder.nl\/benefits-for-start-up-entrepreneurs\/"},"modified":"2024-10-09T12:33:00","modified_gmt":"2024-10-09T12:33:00","slug":"benefits-for-start-up-entrepreneurs","status":"publish","type":"post","link":"https:\/\/wwwstaging.keesdeboekhouder.nl\/en\/benefits-for-start-up-entrepreneurs\/","title":{"rendered":"Benefits for starting entrepreneurs"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3230\" class=\"elementor elementor-3230 elementor-3157\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-75abec3 e-flex e-con-boxed e-con e-parent\" data-id=\"75abec3\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1d9c1f8 elementor-widget elementor-widget-text-editor\" data-id=\"1d9c1f8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><strong>When you\u2019re just starting out as an entrepreneur, you will probably have a lot on your mind. Setting up a business and finding customers or clients takes a lot of time and energy. And in addition, you also have to deal with all kinds of financial matters! Fortunately, there are a number of tax benefits you might be entitled to in the first years of your entrepreneurship.<\/strong><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b538a17 elementor-widget__width-initial elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"b538a17\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7b6a0e6 e-flex e-con-boxed e-con e-parent\" data-id=\"7b6a0e6\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-03bebd0 elementor-widget elementor-widget-text-editor\" data-id=\"03bebd0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<section class=\"text-block block columns-1\"><div class=\"container\"><div class=\"row\"><div class=\"col-12 offset-lg-1 col-lg-10 offset-xl-2 col-xl-8\"><div class=\"text-block__text-wrapper rich-text d-block\"><p><strong>Declaring start-up costs<br \/><\/strong>It\u2019s possible to include business costs you\u2019ve made before the actual start of your company in your administration afterwards. These are the so-called start-up costs. This includes all the expenses you\u2019ve made to start your business and includes costs for marketing, advice and your registration with the Dutch Chamber of Commerce (KvK). If you\u2019ve bought equipment such as a laptop or an expensive camera as a private individual with the intention of using it for business purposes later, you\u2019re allowed to\u00a0<a href=\"https:\/\/www.keesdeboekhouder.nl\/en\/prive-spullen-inbrengen-in-de-zaak-slim-of-niet\/\" target=\"_blank\" rel=\"noopener\">put<\/a> it in your company\u2019s accounts. You\u2019re selling it to your company so to say. Of course, the most important condition for stating these costs is that you still have all the receipts and invoices.<\/p><\/div><\/div><\/div><\/div><\/section><section class=\"text-image-left-block block\"><div class=\"container\"><div class=\"row\"><div class=\"text-image-left-block__text-wrapper rich-text col-12 offset-md-1 col-md-5 col-lg-4 col-xl-4\"><p><strong>Using tax relief for new companies<br \/><\/strong>As a starting entrepreneur, you\u2019re entitled to a tax relief for new companies three times in the first five years of your business. The tax relief for new companies complements the\u00a0<a href=\"https:\/\/www.keesdeboekhouder.nl\/en\/zelfstandigenaftrek-bij-1225-uur-wat-houdt-dat-precies-in\/\" target=\"_blank\" rel=\"noopener\">private business ownership allowance<\/a> for which the criterion is working at least 1225 hours per year for your company. This extra deductible item on your tax return reduces your profit, meaning you have to pay less tax. You can\u2019t choose the years for which you want to use the tax relief for new companies yourself. When applying for the private business ownership allowance for any particular year, while also being entitled to a tax relief for new companies, you must make use of it. Are you also in paid employment, in addition to running your own business? Should the application of the tax relief for new companies result in a negative profit and cause a loss, this will automatically reduce your income. This can mean that you\u2019ll get part of the income tax back that\u2019s been withheld during the year.<\/p><\/div><\/div><\/div><\/section><section class=\"text-block block columns-1\"><div class=\"container\"><div class=\"row\"><div class=\"col-12 offset-lg-1 col-lg-10 offset-xl-2 col-xl-8\"><div class=\"text-block__text-wrapper rich-text d-block\">\u00a0<\/div><\/div><\/div><\/div><\/section><section class=\"text-block block columns-1\"><div id=\"\" class=\"deeplink-anchor\"><img decoding=\"async\" class=\"image d-block w-100 lazy-image--loaded\" src=\"https:\/\/www.keesdeboekhouder.nl\/wp-content\/uploads\/2023\/09\/edit-3-scaled.jpg\" sizes=\"(max-width: 2560px) 100vw, 2560px\" srcset=\"https:\/\/www.keesdeboekhouder.nl\/wp-content\/uploads\/2023\/09\/edit-3-scaled.jpg 2560w, https:\/\/www.keesdeboekhouder.nl\/wp-content\/uploads\/2023\/09\/edit-3-300x200.jpg 300w, https:\/\/www.keesdeboekhouder.nl\/wp-content\/uploads\/2023\/09\/edit-3-1024x683.jpg 1024w, https:\/\/www.keesdeboekhouder.nl\/wp-content\/uploads\/2023\/09\/edit-3-768x512.jpg 768w, https:\/\/www.keesdeboekhouder.nl\/wp-content\/uploads\/2023\/09\/edit-3-1536x1024.jpg 1536w, https:\/\/www.keesdeboekhouder.nl\/wp-content\/uploads\/2023\/09\/edit-3-2048x1365.jpg 2048w\" alt=\"Benefits for start-up entrepreneurs\" \/><\/div><div class=\"container\"><div class=\"row\"><div class=\"col-12 offset-lg-1 col-lg-10 offset-xl-2 col-xl-8\"><div class=\"text-block__text-wrapper rich-text d-block\"><p><strong><br \/>Random depreciation<br \/><\/strong>All business expenses over \u20ac450 are considered an investment. As a general rule, all business investments must be depreciated over the course of, at least, five years. This means that each year you can declare a maximum of 20% of the purchase price as expenses. However, investments made in the years that you\u2019re entitled to the tax relief for new companies, OR the year before that, you\u2019re allowed to choose how and when you depreciate business assets. This method can significantly reduce your profit in the first years, resulting in paying less income tax.<\/p><p><strong>Small businesses scheme (KOR)<br \/><\/strong>Even though this exemption is not exclusively for new business owners, it can provide you with some administrative advantages. When registering for\u00a0<a href=\"https:\/\/www.keesdeboekhouder.nl\/en\/kleineondernemersregeling-kor\/\" target=\"_blank\" rel=\"noopener\">KOR<\/a>, you get a VAT exemption and you no longer have to file VAT returns. If you\u2019re still in the start-up phase with little turnover, it might be interesting to see if this regulation is suitable for your company. If you have any questions about this, you can always contact your accountant!<\/p><\/div><\/div><\/div><\/div><\/section>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>When you\u2019re just starting out as an entrepreneur, you will probably have a lot on your mind. Setting up a business and finding customers or clients takes a lot of time and energy. And in addition, you also have to deal with all kinds of financial matters! Fortunately, there are a number of tax benefits&#8230;<\/p>\n","protected":false},"author":3,"featured_media":3159,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[41],"tags":[],"class_list":["post-3230","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-keep-up-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/wwwstaging.keesdeboekhouder.nl\/en\/wp-json\/wp\/v2\/posts\/3230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wwwstaging.keesdeboekhouder.nl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wwwstaging.keesdeboekhouder.nl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wwwstaging.keesdeboekhouder.nl\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/wwwstaging.keesdeboekhouder.nl\/en\/wp-json\/wp\/v2\/comments?post=3230"}],"version-history":[{"count":15,"href":"https:\/\/wwwstaging.keesdeboekhouder.nl\/en\/wp-json\/wp\/v2\/posts\/3230\/revisions"}],"predecessor-version":[{"id":3979,"href":"https:\/\/wwwstaging.keesdeboekhouder.nl\/en\/wp-json\/wp\/v2\/posts\/3230\/revisions\/3979"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wwwstaging.keesdeboekhouder.nl\/en\/wp-json\/wp\/v2\/media\/3159"}],"wp:attachment":[{"href":"https:\/\/wwwstaging.keesdeboekhouder.nl\/en\/wp-json\/wp\/v2\/media?parent=3230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wwwstaging.keesdeboekhouder.nl\/en\/wp-json\/wp\/v2\/categories?post=3230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wwwstaging.keesdeboekhouder.nl\/en\/wp-json\/wp\/v2\/tags?post=3230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}