Private business ownership allowance

As an entrepreneur, you can be eligible for the 'private business ownership allowance' (zelfstandigenaftrek). You will pay less tax and you are permitted to a € 7,280 tax relief.

Conditions

For the private business ownership allowance, you must satisfy at least the following conditions:

• You are an income tax paying business owner
• You meet the time criterion.
• You run the business alone or with others.
• You have not turned 65 years at the beginning of the calendar year. If you are 65 years or older, the private business ownership allowance will be € 3,640.

How to apply?

You declare the private business ownership allowance in your income tax declaration.