{"id":93451,"date":"2024-09-18T15:38:12","date_gmt":"2024-09-18T13:38:12","guid":{"rendered":"https:\/\/dexxter.be\/a-salary-from-your-sole-proprietors-how-does-that-work-in-accounting\/"},"modified":"2026-05-15T13:17:21","modified_gmt":"2026-05-15T11:17:21","slug":"a-salary-from-your-sole-proprietors-how-does-that-work-in-accounting","status":"publish","type":"post","link":"https:\/\/dexxter.be\/en\/blog\/a-salary-from-your-sole-proprietors-how-does-that-work-in-accounting\/","title":{"rendered":"A salary from your sole proprietors, how does that work in accounting?"},"content":{"rendered":"\n

Perhaps you have heard other self-employed people tell you that they have updated their wages? If so, chances are they have a partnership. This company then pays a salary to the private person, with an accompanying payslip.
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For sole proprietors, this works differently: after all, you cannot pay yourself a salary!<\/strong>
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With sole proprietors, your profit is equal to your taxable income
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A sole proprietor is not a separate legal entity, which means that you and your business are seen as 1 person. So at the end of the year, the taxman will look at your profit, or in other words, your taxable profit.
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This profit is then taxed according to income tax. This means you will have to pay social security contributions<\/a> and personal income tax<\/a> on this amount.

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