Inventory for rental purposes: what counts as inventory in your accounts?

This question comes up regularly in the Dexxter community: “If I offer rental services (such as bouncy castles, trailers or decorative materials), do I need to declare an inventory in my accounts or on my personal income tax return?” It’s a valid question, as inventory does have an impact on your tax return. The good […]

Do I need to hire an accountant as a self-employed pensioner?

Are you retired and starting out as a self-employed person? If so, you might be wondering: do I need to hire an accountant? The short answer: you can, but you don’t have to. In this article, we provide an explanation of the options available to you, and why more and more retired entrepreneurs are choosing […]

Influencers receive a lot of free items – how should you account for them?

Freelance influencers in Belgium regularly receive free products from brands, such as clothing, make-up, gadgets or nutrition. These may be products you use yourself or items you use for content, promotions or collaborations. But how do you correctly record these products in your accounts? The answer depends on the purpose of the product: are you […]

What is the “right to make a mistake”?

Everyone makes a mistake now and then. A typo, a miscalculation, an incorrect method, a document you forgot to upload… And yes, it can happen in your tax return too. Until now, this often had unpleasant consequences: fines, surcharges, hassle… But that finally seems to be changing. What is the right to make a mistake? […]

Are tips and gratuities taxable income? And how do you record them as a sole proprietor in Belgium?

A customer pays your invoice in full, but throws in a little extra. A small note, a few coins, or a rounded-up amount when paying by bank transfer. That feels nice, but it also immediately raises the question: do you need to declare that tip, and if yes, how do you record it in your […]

All the declarations you need to file as a sole proprietor

Starting your own business is exciting: you choose your clients, set your rates, and build something of your own. But once you actually go into business, there are administrative obligations to consider. One of the most important aspects? Your declarations. Depending on the nature of your sole proprietorship, there are up to four types of […]

Is hiring an accountant mandatory for sole proprietors?

The short answer: No, hiring an accountant is not mandatory for sole proprietors. It can be helpful, but you can also easily handle your bookkeeping on your own. In this article, we explain what options you have as a self-employed person just starting out, when an accountant can be helpful, and how you can easily […]

Is Box 1600 (gross profit) negative on the tax return?

If box 1600 on your tax return suddenly shows a negative figure, you will not be able to submit your tax return. This can be particularly confusing for new sole proprietors. In this article, we clearly explain what it means, why it sometimes shows a negative value and, most importantly, how you can easily correct […]

What do the different codes in personal income tax mean?

Ben je zelfstandige met een eenmanszaak? Dan moet je elk jaar de cijfers van je activiteit correct aangeven in je personenbelasting. Daarbij maak je een keuze tussen Vak XVII of Vak XVIII, afhankelijk van het soort zelfstandige activiteit.

Accounting software or invoicing software, which do you choose?

Hello entrepreneurs! 👋 The choice between accounting software or invoicing software depends from your specific needs as an entrepreneur. Below we give some rules of thumb to help you select the right tool(s) for your company. 🛠️ Type of business 1️⃣ You are self-employed or freelancer with sole proprietors For most self-employed and freelancers, a […]