Community

vAT deductible from representative expenses?

AO
2023-02-23

Question

As a model, I have partially deductible expenses such as gym/hairdresser/… Is the vAT also partially deductible from here?

That's right, if you are subject to VAT, the vAT is deductible in the same proportion. There are a few exceptions, such as restaurant costs and business gifts, ...

Yes, I acknowledge that. But my accountant said that none of my entertainment expenses are vAT deductible...:/

Of course, I'm not going to contradict your accountant. If that is your accountant's opinion, I would follow his advice. I'm basing my opinion on my own situation.

Yes, what are entertainment expenses, of course :)

If I put a logo on my car, or have some brochures made, or have my website made... Those are also entertainment expenses for which I would certainly (even fully) recover the vAT.

If I go to the fitness and to the hairdresser, are those representation expenses? Perhaps, but they are of a completely other nature than the examples above. In that case, I would follow your accountant's advice that you cannot reclaim vAT on those expenses. I acknowledge that as a model you may have a greater need for this, but your accountant may be less familiar with it.

KN, I acknowledge your reasoning. That's why I posted it in the group. I heard from colleagues that their accountants say something other, hence my question. :/

%antwoord%
%antwoord%
Ask a question
Ask your question to the Dexxter community with over 25.000 sole traders and verified Dexxter experts.

30-day free trial. No credit card required.

You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.

Community

Other questions from the community

Entering paid vAT on an invoice in Dexxter

Prices at customer level

Online purchases abroad

Taxes not yet received

Which delivery service do you use?

Costs when closing a business

Adding multiple items to quotations and invoices at the same time

expense registration

Unfortunately! Our community is currently only open to people who are starting a trial period on Dexxter

Unfortunately! Our community is currently only open to people who are starting a trial period on Dexxter