Special tax deductions for the private entrepreneur (Ondernemersaftrek)
Last updated:
21-09-2020
The Dutch Income Tax Act provides for a number of extra tax deductions for private entrepreneurs, generally referred to as Entrepreneurs Deduction (in Dutch: “Ondernemersaftrek”).
The primary condition to be met is that the individual has the fiscal status of entrepreneur (conducting a business).
The Entrepreneurs Deduction includes the following tax deductions:
- the self-employed deduction (in Dutch: “zelfstandigenaftrek”)
- the deduction for Research and Development activities (in Dutch: “aftrek speur- en ontwikkelingswerk”)
- the co-operating partner deduction (in Dutch: “meewerkaftrek”)
- the start-up deduction in case of disability (in Dutch: “startersaftrek bij arbeidsongeschiktheid”)
- the liquidation deduction (in Dutch: “stakingsaftrek”).
The abovementioned deductions must be claimed in the annual income tax return.
| 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. |