Tax deductions in the Netherlands
One of the main advantages of running a BV or sole proprietorship/partnership is that there is a vast amount of deductable goods and services. In the table below you can find the various goods/services of which you can deduct. Deductibles are the tax-deductible expenses subtracted from adjusted gross income. Deductibles reduce taxable income and thereby reduce the tax liability.
| Costs | Which part is deductible? | Notes |
|---|---|---|
| Home workspace | 0% (some exceptions apply) | |
| Food, drink, stimulants | A threshold of € 4,600 applies. Instead of this threshold, entrepreneurs working as sole proprietor or in a partnership are allowed to deduct 80% of these costs and entrepreneurs for corporation tax (bv) 73.5%. | The item 'food' includes business lunches and dinners (including tips). Think of 'drink' to coffee, tea, milk and soft drinks. With 'stimulants' you should think of, among other things, cigarettes and cigars. |
| Representation, congresses, seminars, study trips (including travel and accommodation costs) | Instead of this threshold, entrepreneurs working as sole proprietor or in a partnership are allowed to deduct 80% of these costs and entrepreneurs for corporation tax (bv) 73.5%. | 'Representation' includes the costs of receptions. Promotional gifts also generally fall under 'representation' You may deduct a maximum of € 1,500 for the travel and accommodation costs. Was it necessary for your work to attend a conference and the like? Then this maximum does not apply. |
| Telephone subscription at home | 0% | |
| Business phone calls at home | 100% | |
| General literature | 0% | |
| Professional literature | 100% | |
| Workwear | 100% | Work clothing is clothing that you can wear (almost) exclusively within the framework of your company. This must be evident from the appearance of the clothing, for example: a uniform or overall. Is the clothing also suitable for wearing outside of your company? The clothing must then be provided with a logo with a surface area of at least 70 cm2. The logo must refer to your company. |
| Clothing (no work clothes) | 0% | |
| Personal care | 0% | |
| Briefcases and similar | 100% | |
| Equipment and instruments that do not belong to the business assets | 0% | |
| Moving | Limited | |
| Double housing | Limited | |
| Fines | 0% | |
| Company car | Limited | |
| Business costs of private car | A fixed amount of € 0.19 per kilometer. | |
| Business travel costs public transport, taxi and plane | 100% of the costs actually incurred | You must be able to prove that you actually incurred these costs. For example, save your train ticket. Are you traveling with an OV chip card? Then make a print out of your journeys. |
| Vessels for representative purposes | 0% |
