The self employed deduction (zelfstandigenaftrek)
The self-employed deduction can be claimed by every individual who conducts a business in the Netherlands and who meets the hour criterion.
The self-employed deduction for tax payers younger than state pension age (in Dutch: "AOW-leeftijd") amounts to € 6,670. For qualifying start-ups this amount can for the first three years be increased with € 2,123. All amounts for 2021.
The self-employed deduction for taxpayers who reached the state pension age at the beginning the year amounts to 50% of the aforementioned amounts.
The self-employed deduction can never be higher than the profit, so it cannot result in a loss or increase of an existing loss. This does not apply to start-ups. The non-deducted self-employed deduction of a certain year can under certain conditions be carried forward for a period of 9 years.
| The above information is prepared with utmost care, but it cannot be guaranteed that the rules have not changed since the date of publication or that your personal situation triggers the application of specific rules which deviate from the above. Before you use this information we therefore strongly recommend that you consult us to determine your personal Dutch income tax position. If you require our follow up, you can contact us via e-mail or call us at our offices in Amsterdam + 31 (20) 570 9440 or Rotterdam + 31 (10) 2010466. |