{"id":4117,"date":"2023-02-16T09:28:00","date_gmt":"2023-02-16T09:28:00","guid":{"rendered":"https:\/\/wwwstaging.keesdeboekhouder.nl\/gebruikmaken-van-de-kia-investeer-op-tijd-voor-een-extra-aftrekpost\/"},"modified":"2024-10-09T14:57:02","modified_gmt":"2024-10-09T14:57:02","slug":"make-use-of-the-kia-invest-before-the-end-of-the-year-for-additional-cost-deduction","status":"publish","type":"post","link":"https:\/\/wwwstaging.keesdeboekhouder.nl\/en\/make-use-of-the-kia-invest-before-the-end-of-the-year-for-additional-cost-deduction\/","title":{"rendered":"Make use of the KIA? Invest before the end of the year for additional cost deduction"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"4117\" class=\"elementor elementor-4117 elementor-2754\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-533435c e-flex e-con-boxed e-con e-parent\" data-id=\"533435c\" 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-cf0e720 elementor-widget elementor-widget-text-editor\" data-id=\"cf0e720\" 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 the end of the financial year is in sight and you are considering investing in certain business assets, it could be wise to do so before the end of the year, as you might qualify for claiming KIA (small projects investment credit).<\/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-37fc399 elementor-widget__width-initial elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"37fc399\" 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-d6ccd38 e-flex e-con-boxed e-con e-parent\" data-id=\"d6ccd38\" 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-db88505 elementor-widget elementor-widget-text-editor\" data-id=\"db88505\" 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>What is KIA?<\/strong><br \/>You\u2019re eligible for small projects investment credit, or investment deduction, if you\u2019ve invested over \u20ac2801\u00a0<strong>excluding VAT<\/strong>\u00a0in one year. This will allow you to deduct 28% of the total amount of investments from your profit. This results in a lower profit and therefore means that you\u2019ll pay less income tax. Suppose you\u2019ve already invested \u20ac2000 this year, and you\u2019re contemplating the purchase of a \u20ac900 iPad, then it may be worthwhile to do so. With this purchase, you\u2019ll exceed the minimum of \u20ac2801 and you can claim an additional cost deduction of (28% of \u20ac2900 =) \u20ac812!<\/p>\n<section class=\"text-block block columns-1\">\n<div class=\"container\">\n<div class=\"row\">\n<div class=\"col-12 offset-lg-1 col-lg-10 offset-xl-2 col-xl-8\">\n<div class=\"text-block__text-wrapper rich-text d-block\">\n<p><strong>Does this go for all investments?<br \/><\/strong>Let\u2019s start with an explanation: what exactly qualifies as an investment for the Dutch Tax and Customs Administration? An investment is a business asset that will last a given amount of time and costs more than \u20ac450 excluding VAT. Examples are laptops, cameras or electric bikes. Not every investment qualifies for KIA, because the deduction does not apply to:<\/p>\n<ul>\n<li>Residential houses, land or animals<\/li>\n<li>Vessels for representative purposes<\/li>\n<li>Intangible property such as stocks, receivables and goodwill<\/li>\n<li>Passenger cars that are not intended for professional transport<\/li>\n<li>Business assets that are, for at least 70%, intended for rentals<\/li>\n<li>Business assets that are transferred from\u00a0<a href=\"https:\/\/www.keesdeboekhouder.nl\/en\/declaring-private-items-as-business-assets-smart-or-not\/\" target=\"_blank\" rel=\"noopener\">your private assets<\/a>\u00a0to your business<\/li>\n<li>Investments with which you enter into obligations towards someone belonging to your household or family, e.g. a machine you buy from your uncle is not eligible for investment deduction.<\/li>\n<\/ul>\n<p>Are you investing in an environmentally friendly business asset, such as an electric car or scooter? Then you may be eligible for an extra deduction under the\u00a0<a href=\"https:\/\/www.keesdeboekhouder.nl\/en\/investing-environmentally-friendly-and-profitable-with-mia-and-vamil\/\" target=\"_blank\" rel=\"noopener\">MIA or Vamil\u00a0<\/a>regulations.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/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<div class=\"elementor-element elementor-element-9194c53 e-flex e-con-boxed e-con e-parent\" data-id=\"9194c53\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-1264deb e-con-full e-flex e-con e-child\" data-id=\"1264deb\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-59d0881 elementor-widget elementor-widget-image\" data-id=\"59d0881\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1536\" height=\"1024\" src=\"https:\/\/wwwstaging.keesdeboekhouder.nl\/wp-content\/uploads\/2023\/02\/caleb-minear-Hye_wAEYUzI-unsplash-3-2048x1365-1-1536x1024.jpg\" class=\"attachment-1536x1536 size-1536x1536 wp-image-2759\" alt=\"\" srcset=\"https:\/\/wwwstaging.keesdeboekhouder.nl\/wp-content\/uploads\/2023\/02\/caleb-minear-Hye_wAEYUzI-unsplash-3-2048x1365-1-1536x1024.jpg 1536w, https:\/\/wwwstaging.keesdeboekhouder.nl\/wp-content\/uploads\/2023\/02\/caleb-minear-Hye_wAEYUzI-unsplash-3-2048x1365-1-300x200.jpg 300w, https:\/\/wwwstaging.keesdeboekhouder.nl\/wp-content\/uploads\/2023\/02\/caleb-minear-Hye_wAEYUzI-unsplash-3-2048x1365-1-1024x683.jpg 1024w, https:\/\/wwwstaging.keesdeboekhouder.nl\/wp-content\/uploads\/2023\/02\/caleb-minear-Hye_wAEYUzI-unsplash-3-2048x1365-1-768x512.jpg 768w, https:\/\/wwwstaging.keesdeboekhouder.nl\/wp-content\/uploads\/2023\/02\/caleb-minear-Hye_wAEYUzI-unsplash-3-2048x1365-1.jpg 2048w\" sizes=\"(max-width: 1536px) 100vw, 1536px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-af52725 e-con-full e-flex e-con e-child\" data-id=\"af52725\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b4ad658 elementor-widget elementor-widget-text-editor\" data-id=\"b4ad658\" 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-image-left-block block\">\n<div class=\"container\">\n<div class=\"row\">\n<div class=\"text-image-left-block__text-wrapper rich-text col-12 offset-md-1 col-md-5 col-lg-4 col-xl-4\">\n<p><strong>Sounds great! Start shopping?<\/strong><br \/>As nice as it may seem to \u2018reward\u2019 yourself with a new camera or iPad, it\u2019s only wise to invest in something if you really need it of course. The cost deduction will never outweigh the amount of the investment itself. In addition, keep in mind that when your profit is approximately \u20ac25.000, you\u2019re entitled to private business ownership allowance and the extra deduction is not of much use, as your profit is already reduced to such an extent that you will not have to pay income tax anyway!<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\t\t\t\t\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\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>When the end of the financial year is in sight and you are considering investing in certain business assets, it could be wise to do so before the end of the year, as you might qualify for claiming KIA (small projects investment credit). What is KIA?You\u2019re eligible for small projects investment credit, or investment deduction,&#8230;<\/p>\n","protected":false},"author":3,"featured_media":2756,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[41],"tags":[],"class_list":["post-4117","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\/4117","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=4117"}],"version-history":[{"count":4,"href":"https:\/\/wwwstaging.keesdeboekhouder.nl\/en\/wp-json\/wp\/v2\/posts\/4117\/revisions"}],"predecessor-version":[{"id":4121,"href":"https:\/\/wwwstaging.keesdeboekhouder.nl\/en\/wp-json\/wp\/v2\/posts\/4117\/revisions\/4121"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wwwstaging.keesdeboekhouder.nl\/en\/wp-json\/wp\/v2\/media\/2756"}],"wp:attachment":[{"href":"https:\/\/wwwstaging.keesdeboekhouder.nl\/en\/wp-json\/wp\/v2\/media?parent=4117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wwwstaging.keesdeboekhouder.nl\/en\/wp-json\/wp\/v2\/categories?post=4117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wwwstaging.keesdeboekhouder.nl\/en\/wp-json\/wp\/v2\/tags?post=4117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}