Collective debt settlement among self-employed, what does it mean

This article will explain the meaning of collective debt settlement. The goal? Ensuring that you can pay off your debts and still live humanely while paying them off. Let’s get started! What is collective debt settlement? 🔎 Collective debt settlement is a legal procedure that aims to ensure, to the extent possible, that you can […]

The impact of false self-employment on your career as a self-employed in secondary occupation

Sham self-employment is a complex issue that can affect the careers of many self-employed in secondary occupation in Belgium. Recognising the characteristics and limits of false self-employment is important to avoid legal problems and sanctions. This issue affects not only freelance work, sole proprietors and salaried employment, but also the interaction with social inspection and […]

Can a sole proprietor hire staff in Belgium?

In Belgium, there are flexible employment options such as flexi-job, assisting spouse and independent helper, which allow sole proprietors to expand and grow their team. This article will discuss the different aspects so that you can expand your sole proprietors with additional workers as soon as possible! Freelancers versus Staff Suppose you decide to hire […]

What is the difference between single-entry bookkeeping and double-entry bookkeeping?

In the world of finance and business, your accounting is an important role. Within bookkeeping, there are two ways: single-entry bookkeeping or double-entry bookkeeping. Although both methods serve the same purpose of having your accounts in order, they are quite different. In this article, we take a closer look at the difference between these two […]

Stopping your sole proprietors: what about depreciations?

You have decided to stop your sole proprietors, which means you still need to put an amount of things in order. One of those steps is getting your investments and associated vAT in order. This is important, because the tax authorities may carry out a cessation audit, during which they will check whether, on the […]

The importance of debt mediation for the self-employed

As a self-employed person in Belgium, it can sometimes be difficult to keep all the balls in the air. Financial problems can pile up and before you know it, you find yourself in a situation you can no longer oversee. Fortunately, there is such a thing as debt mediation for the self-employed. In this article, […]

How likely are you to get a tax audit as a sole proprietor?

You’ve started your own business, and while enjoying the freedom, creativity (and stress) of being a sole proprietor, you’re wondering: ‘How likely is it, really, that the tax authorities will suddenly state on my doorstep?’ Are you also unsure what to expect from that dreaded tax audit? If the answer is ‘yes’, you have come […]

Sole proprietors: everything you need to know

What is a sole proprietor? 🔎 A sole proprietorship is a ‘form of business’. You have 2 categories of business forms: sole proprietors and companies. Within companies, you have a lot more – maybe you’ve heard of the private limited company, general partnership or limited liability company? Most entrepreneurs start with the business form ‘sole […]

Graduating as a self-employed student: Your next steps

If you are reading this, you are probably a self-employed student about to graduate. But what happens after graduation? Don’t worry, we have you covered! In this article, we will go through the options after graduation and help you decide what your next steps could be. Let’s get started! 🎓 What is a self-employed student? […]

Are grants taxable or exempted from taxes or not?

Congratulations, great news! 🎉 You have received on grants to boost your business activities. That’s a great boost to your business growth. But now the question arises: do you actually have to pay taxes on those grants? And how do you deal with this in your accounting? Don’t worry, we are happy to explain it […]