I enter an invoice for water, with a 20% professional deduction. Value = 250 euro 20% = 50 euro. However, when I look at the tax deduction, only 26.87 euro is deducted instead of 50 euro. What could be the reason for this?
Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
I enter an invoice for water, with a 20% professional deduction. Value = 250 euro 20% = 50 euro. However, when I look at the tax deduction, only 26.87 euro is deducted instead of 50 euro. What could be the reason for this?
Hello,
I suspect the same reasoning as in your other question about taxes (a little back), right?
You are looking at the cost, which is indeed 50 euros. But the tax impact of that is 50% + municipal tax.
You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.