Why Expats in the Netherlands Can't Stop Searching for Tax Info (and How We Can Help)
Let’s face it: when you’re an expat entrepreneur in the Netherlands, taxes are like that mysterious guest at the party who shows up uninvited and insists on knowing everything about your personal life. You know you should pay attention to them, but sometimes, they’re just a little bit overwhelming.
Expats love The Bookie .... and we love them!
As you might already know We once got told that with us “tax season” does not feel like an Olympic sport and we won’t treat your questions like they’re coming from outer space. So when you’re trying to navigate the infamous 30% ruling, figure out what on earth "BTW" means, or just make sure you’re not paying double taxes in two countries, The Bookie’s got your back.
8 most frequently asked questions
Here’s a sneak peek into what the frequently asked questions of non-Dutch entrepreneurs working with The Bookie are.
The Dutch Tax System: A Love Story (Sort Of) If you’re wondering why the Dutch tax system feels like trying to decipher ancient scrolls, you’re not alone. The foremost question expat entrepreneurs aks us regard the difference in business and personal tax returns. What goes where? How does one affect the other? And what do I need to do to pay less? Spoiler: The answers involve deductions, income tax, and possibly a few sleepless nights if you don't know how it works or what to do.
The Famous 30% Ruling Imagine paying taxes on just 70% of your income. Sounds like a dream, right? That’s what the 30% ruling offers – a sweet deal for expats with skills the Netherlands really wants. Of course, everyone’s Googling: “How do I get this? Am I eligible? Where’s the fine print?” (Spoiler: there’s no fine print – just good tax planning!)
VAT: The Never-Ending Quest for Clarity VAT (or BTW in Dutch) is like the mystery ingredient in your favorite Dutch dish: it's everywhere, but you're never quite sure how much of it you need. Entrepreneurs want to know when they should charge it, how to report it, and whether it’s okay to claim VAT on that very necessary business coffee (we’ll say yes, but only if you do it right!).
Tax Returns: Filing Made Fun (Well, Sort Of) Every year, the question pops up: “When do I file my tax returns?” “What forms do I need?” and “Why does it feel like I’m doing my taxes in Dutch – even though I don’t speak Dutch?” Rest assured, you’re not alone in this tax filing jungle. (Hint: it doesn’t involve actual jungle animals, just lots of paperwork.)
Business expenses and Deductions: Because You Deserve It Can you write off that new laptop? What about the home office where you spend 80% of your life? The search for what’s deductible is a never-ending adventure. Good news: there are lots of things you can deduct if you know where to look (and we'll happily help you find them).
Sole Trader vs. BV: The Battle of the Business Structures Should you go solo as a ZZP’er or set up a BV (like a limited company)? It’s the age-old question that keeps expats up at night, Googling like there’s no tomorrow. But worry not—figuring out the tax perks of each is all part of the fun (and saves you money, so it’s really worth it).
Double Taxation: The Struggle is Real Got income in your home country and in the Netherlands? Good luck avoiding double taxes unless you understand how double taxation treaties work. Spoiler: You can avoid paying taxes twice, but only if you crack the code (and maybe have a tax expert on speed dial).
Pension and Social Security: Because Retirement Isn’t Just for Locals As a freelancer, you’re in charge of your own pension, and that’s a big responsibility. Want to know how to save for retirement, how to do it tax-efficiently, and how to avoid ending up in the “pension black hole.” Don’t worry, there are options to help you secure your future—just don’t leave it until you’re running up to 70!
In summary, taxes might feel like a mystery wrapped in an enigma, but with the right guidance (preferably from someone who doesn’t charge in cryptic codes), you can totally conquer the Dutch tax system and still have time to enjoy a stroopwafel or two. Just schedule a introductory meeting.