Peppol deadline: 01-01-2026
00

Avoid fines

Peppol deadline: 01-01-2026
00

Avoid fines

Community

deducting expenses without income

CF
15/06/2022
Question

Dear Dexxter collaborator, At the end of the previous year, I started a sole proprietor as a secondary occupation. In 2021, I had no income, only expenses. Can I deduct those expenses from my personal income tax?

For your information: I am subject to VAT, but have applied for exemption.

Kind regards,

Christine

If it's the first year, I don't think that's a problem. I've always heard that you can make a loss for two years in a row and that it's not a problem, but that could be a myth or something :)

Anyway, making a loss in the first year doesn't seem to be a problem to me. And it's nice because you can deduct it from your tax return and you'll have to pay a little less (or you'll get a little more back).

No problem at all, just declare those costs! I wonder if anyone has a different opinion? :)

Ask a question
Ask your question to the Dexxter community with over 23.000 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

vAT refund
From main occupation to secondary occupation
Maximum earnings
Iban no.
purchases – repairs – sell
Fine from the Federal Public Service Finance
vAT declaration
Gift voucher as a business gift
Special VAT return

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