Maria 5 years ago
Good afternoon! I lived in the Netherlands for the whole of 2018, did not officially work, but had a small income from sales. I registered as an entrepreneur in November. When filling out the tax return for 2018, I indicate Income from other activities (there were sales before the registration of emz), but how to indicate income from entrepreneurship and is it necessary?
Nalog.nl Admin 5 years ago
Maria, good afternoon. Income must be indicated. If there is registration, it is indicated in the column “income from entrepreneurship”. The only thing is that in order for the tax authorities to consider you as an entrepreneur and, accordingly, you can take advantage of tax deductions and discounts, one registration is not enough, you must also fulfill the requirement of the hour criterion. You can read more about this. here... If you register in November, you will not yet be taxed as an entrepreneur. However, you can use the MKB tax credit, which entitles you to a tax exemption of 14% of your income. The difficulty is that an entrepreneurial declaration is different from a private one, it is more expensive and you will need the help of an accountant to fill it out.
Therefore, in this case, you have two options: if your income from entrepreneurship was 1-2 thousand, you can simply enter it as income before starting a business in the income from other jobs column. If the income is more or less significant and if, after registration, you continued to do the same thing as before, that is, if your income before registration can also be attributed to your business, then you should turn to an accountant for help. Our company provides a full range of services related to the filing of an entrepreneur's tax return. We will also show you how best to declare your income and what possible benefits you are entitled to receive. \
Best regards, Nalog.nl team
Please log in or Sign up to submit your answer
