Peppol deadline: 01-01-2026
00

Avoid fines

Peppol deadline: 01-01-2026
00

Avoid fines

Community

code 1606 tax return

AD
21/06/2022
Question

Dear Sir/Madam, I was wondering why the amounts of the professional declarations (code 1606) on the tax return do not match the total amount listed as ‘expenses’ on the Dexxter dashboard. Surely you are taxed on your net income?

Another question: suppose you only registered in the last quarter of 2021, is your income multiplied by 4 to calculate your taxable amount?

Thanks in advance

Annelien

Heyhey,

If you click on code 1606, you will find information that may serve as an answer to your question. The difference seems to be between trade goods (if you have already purchased them) and social security contributions. These are listed under separate codes (which are also listed there).

I don't know about the other one, but maybe someone else here does? (Why would you do x4?)

No, not to do x4 for the taxable amount. That only applies to the social security contribution thresholds to see whether you are still exempted from social security contributions or not.

For everything else, there is no x4, x3 or x anything else when you start. So for personal income tax, the profit is simply the profit, period. Do not multiply it by x anything.

Good question, though!

Ask a question
Ask your question to the Dexxter community with over 20.000 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

Can I still claim the cost?
dexxter email address invoices new financial year
Invoicing to de facto association
How to record a promotional gift from your own products
Reclaiming VAT on imports from outside the EU
Social security contributions. Advance paid for 2024
Stopped my self-employed activity
Marking as paid
Depreciation

Helaas! Onze community is momenteel enkel toegankelijk voor mensen die een proefperiode op Dexxter starten