Tax relief for new companies

If you have started a business in the Netherlands and you are liable for income tax in the Netherlands, you may be eligible for the tax relief for new companies (startersaftrek). If you make use of this facility, you will pay less tax. The tax relief for new companies involves an increase of the private business ownership allowance (zelfstandigenaftrek).

Conditions

In order to be eligible for the tax relief for new companies, you must satisfy at least the following conditions:

• You spend at least 1,225 hours a year running your business.
• You are eligible for the private business ownership allowance.
• In the 5 years prior to the tax year in question, you have not claimed the private business ownership allowance more than twice.
• In the 5 years prior to the tax year in question, you were not a business owner for at least one year.