How do you record your mortgage loan in your accounts?

Buying a home as a self-employed person is exciting, but it also immediately raises a practical question: how do you record a mortgage loan in your accounts? The good news is that it’s less complicated than it sounds. Below, you’ll find a step-by-step guide on how it works, what you can and cannot deduct, and […]

Is compensation tax deductible?

As a business owner or self-employed individual, you may have to deal with compensation payments, whether received or paid. But what are the tax implications? In this article, we answer your questions about the taxation and deductibility of compensation payments. What is compensation? An indemnity is financial compensation for damages you have suffered as a […]

Coffee, tea, and soft drinks in the accounts of a sole proprietorship: what is allowed and what is not?

A coffee to start the day, a soft drink during work, or a jar of candy for your employees: these may seem like small expenses, but from a tax perspective, there can be a big difference in how to book these costs. Specific rules apply to sole proprietors. What they purchase for themselves is often […]

Expensing AirPods: cost categories and VAT deduction

A question from the Dexxter community: “I bought AirPods. Can I claim them as an expense, and which cost category do they fall under?” This question often comes up among self-employed people, especially when making purchases that are also used for private purposes. In this article, you will find a clear and fiscally correct answer […]

Is a guard dog tax-deductible for my sole proprietorship?

You are an entrepreneur with a sole proprietorship and are thinking about getting a guard dog – or maybe you already have a dog. But can you deduct the dog in your taxes? Good news: in many cases, it is definitely possible! Guard dog tax-deductibility: what exactly can you deduct? If you use a guard […]

120% cost deduction of e-invoicing

Good news for entrepreneurs! From January 1, 2025, 120% of your e-invoicing expenses will be tax-deductible. What is Peppol and why is it smart? Peppol is an electronic invoice network that is being used by an increasing number of companies and governments. What’s more, its use will be a legal requirement from January 1, 2026. […]

What are disallowed expenses?

As a self-employed professional, you naturally want to deduct as many business expenses as possible. That makes perfect sense, because the more expenses you can deduct, the lower your taxable profit, and thus your taxes. Unfortunately, the tax authorities don’t always see it that way. Some expenses are partially restricted, these are called disallowed expenses. […]

Restaurant costs vs. reception costs: which category does your meal fall into?

You’re inviting a (potential) client or a business partner to the bistro near your office to discuss a collaboration? In that case, it clearly counts as a restaurant cost. But if you host that same contact at your office and order lunch through a delivery service, what then? And what about the meal you have […]

Bicycle allowance for the self‐employed: smart saving on two Wheels?

Gebruik je je fiets om naar klanten te gaan, leveringen te doen of aankopen voor jouw eenmanszaak te halen? Goed bezig! Maar hoe zit dat nu met de fietsvergoeding voor zelfstandigen met een eenmanszaak?

Are representation expenses from sole proprietors deductible?

In this article, we explore whether representation expenses are deductible in your sole proprietors’ accounts. We also explain the types of representation expenses and how best to keep track of them! Need a refresher on the meaning of representation expenses? Then be sure to view our article on the meaning of representation expenses. Deductibility of […]