{"id":93280,"date":"2024-09-18T10:22:10","date_gmt":"2024-09-18T08:22:10","guid":{"rendered":"https:\/\/dexxter.be\/how-do-you-process-grants-in-your-accounts\/"},"modified":"2026-05-15T13:16:07","modified_gmt":"2026-05-15T11:16:07","slug":"how-do-you-process-grants-in-your-accounts","status":"publish","type":"post","link":"https:\/\/dexxter.be\/en\/blog\/how-do-you-process-grants-in-your-accounts\/","title":{"rendered":"How do you process grants in your accounts?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">You have received on grants to boost your business activities. This is a great incentive for your business growth. But now the question arises: how do you handle this in your accounting?<br><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Which grants should you process in your accounting and which should you not?<br><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">It is important to distinguish between the different types of <a href=\"http:\/\/dexxter.be\/en\/are-grants-taxable-or-exempted-from-taxes\/\" data-type=\"post\" data-id=\"54653\">grants that may or may not be exempted or taxable<\/a>:<br><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">1\ufe0f\u20e3 Fully exempted grants<br><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">If it is not a taxable grant, then you really just don&#8217;t have to deal with it in your accounts.<br><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">2\ufe0f\u20e3 Partially exempted grants<br><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">For the 2024 tax year, this partial exemption amounts to a maximum of EUR 4,680. Any amount above this threshold is taxable.<br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Say you received a grant of \u20ac8,000 from a non-profit organisation. In this case, 4,680 euros would be exempted from tax, and you would only pay tax on the remaining amount of 3,320 euros.<br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You received on a tax sheet 281.30 from the setting, which states the total amount of the grant. In your tax return, you must fill in the taxable part (after deducting the exemption) under <em>&#8220;Part 2, Box XV.<\/em> <em>Miscellaneous income\u2019.<\/em><\/p>\n\n\n<style>.kb-row-layout-id54601_974840-f6 > .kt-row-column-wrap{align-content:center;}:where(.kb-row-layout-id54601_974840-f6 > .kt-row-column-wrap) > .wp-block-kadence-column{justify-content:center;}.kb-row-layout-id54601_974840-f6 > .kt-row-column-wrap{column-gap:var(--global-kb-gap-md, 2rem);row-gap:var(--global-kb-gap-md, 2rem);max-width:826px;margin-left:auto;margin-right:auto;padding-top:var(--global-kb-spacing-sm, 1.5rem);padding-right:var(--global-kb-spacing-md, 2rem);padding-bottom:var(--global-kb-spacing-sm, 1.5rem);padding-left:var(--global-kb-spacing-md, 2rem);grid-template-columns:minmax(0, calc(30% - ((var(--global-kb-gap-md, 2rem) * 1 )\/2)))minmax(0, calc(70% - ((var(--global-kb-gap-md, 2rem) * 1 )\/2)));}.kb-row-layout-id54601_974840-f6{border-top-left-radius:20px;border-top-right-radius:20px;border-bottom-right-radius:20px;border-bottom-left-radius:20px;overflow:clip;isolation:isolate;}.kb-row-layout-id54601_974840-f6 > .kt-row-layout-overlay{border-top-left-radius:20px;border-top-right-radius:20px;border-bottom-right-radius:20px;border-bottom-left-radius:20px;}.kb-row-layout-id54601_974840-f6{background-color:#f0f4ff;}.kb-row-layout-id54601_974840-f6 > .kt-row-layout-overlay{opacity:0.30;}@media all and (max-width: 1024px){.kb-row-layout-id54601_974840-f6 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr) minmax(0, 2fr);}}@media all and (max-width: 767px){.kb-row-layout-id54601_974840-f6 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}<\/style><div class=\"kb-row-layout-wrap kb-row-layout-id54601_974840-f6 alignnone kt-row-has-bg wp-block-kadence-rowlayout\"><div class=\"kt-row-column-wrap kt-has-2-columns kt-row-layout-right-golden kt-tab-layout-inherit kt-mobile-layout-row kt-row-valign-middle\">\n<style>.kadence-column54601_7a0355-8e > .kt-inside-inner-col{display:flex;}.kadence-column54601_7a0355-8e > .kt-inside-inner-col,.kadence-column54601_7a0355-8e > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-right-radius:0px;border-bottom-left-radius:0px;}.kadence-column54601_7a0355-8e > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column54601_7a0355-8e > .kt-inside-inner-col{flex-direction:column;justify-content:center;}.kadence-column54601_7a0355-8e > .kt-inside-inner-col > .aligncenter{width:100%;}.kt-row-column-wrap > .kadence-column54601_7a0355-8e{align-self:center;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column54601_7a0355-8e{align-self:auto;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column54601_7a0355-8e > .kt-inside-inner-col{flex-direction:column;justify-content:center;}.kadence-column54601_7a0355-8e > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column54601_7a0355-8e{position:relative;}@media all and (max-width: 1024px){.kt-row-column-wrap > .kadence-column54601_7a0355-8e{align-self:center;}}@media all and (max-width: 1024px){.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column54601_7a0355-8e{align-self:auto;}}@media all and (max-width: 1024px){.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column54601_7a0355-8e > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 1024px){.kadence-column54601_7a0355-8e > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kt-row-column-wrap > .kadence-column54601_7a0355-8e{align-self:center;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column54601_7a0355-8e{align-self:auto;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column54601_7a0355-8e > .kt-inside-inner-col{flex-direction:column;justify-content:center;}.kadence-column54601_7a0355-8e > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column54601_7a0355-8e\"><div class=\"kt-inside-inner-col\">\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/dexxter.be\/wp-content\/uploads\/2024\/06\/8.png\" alt=\"\" class=\"wp-image-40420\" srcset=\"https:\/\/dexxter.be\/wp-content\/uploads\/2024\/06\/8.png 300w, https:\/\/dexxter.be\/wp-content\/uploads\/2024\/06\/8-150x150.png 150w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/figure>\n<\/div><\/div>\n\n\n<style>.kadence-column54601_0314cb-35 > .kt-inside-inner-col,.kadence-column54601_0314cb-35 > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-right-radius:0px;border-bottom-left-radius:0px;}.kadence-column54601_0314cb-35 > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column54601_0314cb-35 > .kt-inside-inner-col{flex-direction:column;}.kadence-column54601_0314cb-35 > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column54601_0314cb-35 > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column54601_0314cb-35{position:relative;}@media all and (max-width: 1024px){.kadence-column54601_0314cb-35 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column54601_0314cb-35 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column54601_0314cb-35\"><div class=\"kt-inside-inner-col\">\n<p class=\"has-text-align-left wp-block-paragraph\"><strong>Please note:<\/strong><br><\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\">You do not have to pay social security contributions to be paid on this partially exempted subsidy. This will be automatic by declaring the grant as recorded above.<\/p>\n<\/div><\/div>\n\n<\/div><\/div>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">3\ufe0f\u20e3 Fully taxable grants<br><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">In this case, grants are considered income that is fully taxable. You must therefore declare them in your tax return and social security contributions will also be calculated on them.<br><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Processing grants in Dexxter \ud83d\udcaa<br><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If it is a grant that is taxable, then it is basically just revenue. Then you can possibly book it through <strong>reports > income &#038; expenses > manual entry<\/strong>. There, add a general ledger account and choose <strong>sales invoices<\/strong>. Then it will show up in your file as ordinary turnover, but that is correct, given that it is taxable. But if it&#8217;s not a taxable grant, then you really just shouldn&#8217;t do anything with it in your accounts. VAT does not apply to it.<br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Always see at a glance what your income, expenses and deadlines are with <a href=\"http:\/\/dexxter.be\/en\/insights-figures\/\">Dexxter<\/a>, the user-friendly accounting software for sole traders!<br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Insight into the figures of your business at any time, <a href=\"http:\/\/dexxter.be\/en\/home\/\">try it now for free<\/a> for 30 days! \ud83d\ude80<\/p>\n\n\n<style>.kb-row-layout-id54601_0785f6-6d > .kt-row-column-wrap{align-content:center;}:where(.kb-row-layout-id54601_0785f6-6d > .kt-row-column-wrap) > .wp-block-kadence-column{justify-content:center;}.kb-row-layout-id54601_0785f6-6d > .kt-row-column-wrap{column-gap:var(--global-kb-gap-md, 2rem);row-gap:var(--global-kb-gap-md, 2rem);max-width:826px;margin-left:auto;margin-right:auto;padding-top:var(--global-kb-spacing-sm, 1.5rem);padding-right:var(--global-kb-spacing-md, 2rem);padding-bottom:var(--global-kb-spacing-sm, 1.5rem);padding-left:var(--global-kb-spacing-md, 2rem);grid-template-columns:minmax(0, calc(30% - ((var(--global-kb-gap-md, 2rem) * 1 )\/2)))minmax(0, calc(70% - ((var(--global-kb-gap-md, 2rem) * 1 )\/2)));}.kb-row-layout-id54601_0785f6-6d{border-top-left-radius:20px;border-top-right-radius:20px;border-bottom-right-radius:20px;border-bottom-left-radius:20px;overflow:clip;isolation:isolate;}.kb-row-layout-id54601_0785f6-6d > .kt-row-layout-overlay{border-top-left-radius:20px;border-top-right-radius:20px;border-bottom-right-radius:20px;border-bottom-left-radius:20px;}.kb-row-layout-id54601_0785f6-6d{background-color:#f0f4ff;}.kb-row-layout-id54601_0785f6-6d > .kt-row-layout-overlay{opacity:0.30;}@media all and (max-width: 1024px){.kb-row-layout-id54601_0785f6-6d > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr) minmax(0, 2fr);}}@media all and (max-width: 767px){.kb-row-layout-id54601_0785f6-6d > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}<\/style><div class=\"kb-row-layout-wrap kb-row-layout-id54601_0785f6-6d alignnone kt-row-has-bg wp-block-kadence-rowlayout\"><div class=\"kt-row-column-wrap kt-has-2-columns kt-row-layout-right-golden kt-tab-layout-inherit kt-mobile-layout-row kt-row-valign-middle\">\n<style>.kadence-column54601_4bfe57-9a > .kt-inside-inner-col{display:flex;}.kadence-column54601_4bfe57-9a > .kt-inside-inner-col,.kadence-column54601_4bfe57-9a > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-right-radius:0px;border-bottom-left-radius:0px;}.kadence-column54601_4bfe57-9a > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column54601_4bfe57-9a > .kt-inside-inner-col{flex-direction:column;justify-content:center;}.kadence-column54601_4bfe57-9a > .kt-inside-inner-col > .aligncenter{width:100%;}.kt-row-column-wrap > .kadence-column54601_4bfe57-9a{align-self:center;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column54601_4bfe57-9a{align-self:auto;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column54601_4bfe57-9a > .kt-inside-inner-col{flex-direction:column;justify-content:center;}.kadence-column54601_4bfe57-9a > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column54601_4bfe57-9a{position:relative;}@media all and (max-width: 1024px){.kt-row-column-wrap > .kadence-column54601_4bfe57-9a{align-self:center;}}@media all and (max-width: 1024px){.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column54601_4bfe57-9a{align-self:auto;}}@media all and (max-width: 1024px){.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column54601_4bfe57-9a > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 1024px){.kadence-column54601_4bfe57-9a > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kt-row-column-wrap > .kadence-column54601_4bfe57-9a{align-self:center;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column54601_4bfe57-9a{align-self:auto;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column54601_4bfe57-9a > .kt-inside-inner-col{flex-direction:column;justify-content:center;}.kadence-column54601_4bfe57-9a > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column54601_4bfe57-9a\"><div class=\"kt-inside-inner-col\">\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/dexxter.be\/wp-content\/uploads\/2024\/06\/14.png\" alt=\"\" class=\"wp-image-30303\"><\/figure>\n<\/div><\/div>\n\n\n<style>.kadence-column54601_018d75-56 > .kt-inside-inner-col,.kadence-column54601_018d75-56 > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-right-radius:0px;border-bottom-left-radius:0px;}.kadence-column54601_018d75-56 > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column54601_018d75-56 > .kt-inside-inner-col{flex-direction:column;}.kadence-column54601_018d75-56 > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column54601_018d75-56 > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column54601_018d75-56{position:relative;}@media all and (max-width: 1024px){.kadence-column54601_018d75-56 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column54601_018d75-56 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column54601_018d75-56\"><div class=\"kt-inside-inner-col\">\n<p class=\"has-text-align-left wp-block-paragraph\"><strong>Did you know.<\/strong><br><\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\">Want to learn more about entrepreneurship and accounting? Then be sure to follow a <a href=\"http:\/\/dexxter.be\/zelf-boekhouding-doen-webinars\/\">free webinar<\/a> and\/or <a href=\"http:\/\/dexxter.be\/cursus-zelf-boekhouden-als-eenmanszaak\/\">course<\/a>!<\/p>\n<\/div><\/div>\n\n<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>You have received on grants to boost your business activities. This is a great incentive for your business growth. But now the question arises: how do you handle this in your accounting? Which grants should you process in your accounting and which should you not? It is important to distinguish between the different types of [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":54605,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[52],"tags":[69,67,193,65,66,68],"class_list":["post-93280","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-doing-your-own-accounting","tag-all","tag-landlord","tag-pre-starter","tag-self-employed-in-main-occupation","tag-self-employed-in-secondary-occupation","tag-self-employed-student"],"_links":{"self":[{"href":"https:\/\/dexxter.be\/en\/wp-json\/wp\/v2\/posts\/93280","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dexxter.be\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dexxter.be\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dexxter.be\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/dexxter.be\/en\/wp-json\/wp\/v2\/comments?post=93280"}],"version-history":[{"count":1,"href":"https:\/\/dexxter.be\/en\/wp-json\/wp\/v2\/posts\/93280\/revisions"}],"predecessor-version":[{"id":93281,"href":"https:\/\/dexxter.be\/en\/wp-json\/wp\/v2\/posts\/93280\/revisions\/93281"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dexxter.be\/en\/wp-json\/wp\/v2\/media\/54605"}],"wp:attachment":[{"href":"https:\/\/dexxter.be\/en\/wp-json\/wp\/v2\/media?parent=93280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dexxter.be\/en\/wp-json\/wp\/v2\/categories?post=93280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dexxter.be\/en\/wp-json\/wp\/v2\/tags?post=93280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}