Other tax tips and changes:

• Do you expect to pay tax for the tax year 2025? If you request a provisional assessment in good time, this will save you interest. The tax rate for income tax entrepreneurs is currently 6.5% and for Corporate Tax the rate is 9%.
• Did you find out that you forgot to include some items in your VAT return? Then consider to submit a supplement declaration. You can do this for this year or for the past 5 years. If it concerns VAT to be received or remitted of € 1,000 or less, this may be included in the next VAT return without a correction for the previous period.
• Do you drive a company car and do you use this car privately? In that case, a correction on reclaimed VAT must be made for private use in the last VAT return (to be submitted in January 2026). This may be based on actual use or on the basis of a fixed rate. Do you have questions about this? We are happy to help you.
• If, as a business owner, you have made sufficient investments to qualify for the small-scale investment deduction, but have not yet paid all investments, we advise you to make these payments before the end of the year so that you are eligible for the small-scale investment deduction. You are eligible for the small-scale investment deduction when the total investment is higher than € 2,900.–.
• Has your partner worked in your business this year but has not received compensation yet? Then consider paying compensation before the end of the year. This is deductible in your business. For your partner, this reimbursement is taxable in box 1. The rate depends on your partner’s total Box 1 income and is especially advantageous if your partner has a low income.
• If you own a private company (BV) and make donations to charitable causes, consider making these donations from the BV. Since the personal deduction for gifts is limited to the lowest tax bracket, making the donation through the BV may be more advantageous. There is a maximum of €100,000 and a limit of 50% of the profit; no threshold applies.