How do I enter paid back social security contributions? As income on a credit note?
Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
How do I enter paid back social security contributions? As income on a credit note?
Is there nothing in the learning centre when you search for social security contributions?
Check out that video from a final statement when you search for "social" ;)
I have the same question. The video in the learning centre is about payments, but I also receive payments back. That doesn't seem like an expense to me. How do other people do this?
Hello,
I couldn't find an answer to this question either and have the same question.
If your final social security contributions statement is a refund, you can enter it as a credit note in your expenses.This is the same step-by-step plan as in the video about paying the final statement, you will only have to indicate that here is a credit note.
Kind regards,
Your Dexxter expert
We have also answered your question in a video: https://vimeo.com/1040360127?share=copy</Dear Dexxter, I had the same situation a few years back. Social security contributions refund. This is what my accountant gave me as advice at the time: The difference between social security contributions paid and refunded should not be added to income because "the balance of the refund is not taxable under i.RH.241/430.225 of 27 May 1992" In this case, €0.00 should be filled in for social security contributions on the tax return. Any feedback?Hello,
In the past, the balance from the refund was indeed not taxable, but they discovered that this naturally creates opportunities for tax evasion. This is because it allows you to overpay social security contributions. These are then a cost to you and are deducted to calculate how much tax you have to pay. When the adjustment is made after two years, you would then get that money back without having paid taxes on it, and you would also have ensured that you had to pay less taxes. That is why they have decided that from now on, you must simply deduct this from the social security contributions you have paid in the year of the adjustment, and if you get even more back, you must add it to your gross income margin.
Great, good to know!
You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.