As an entrepreneur, you can purchase many items that help you grow your business. With some expenses, it\u2019s clear that you\u2019re buying them solely for your business. Think of the products you sell in your store, small office supplies, business cards\u2026<\/p>\n\n\n\n
Such purchases are entirely for the benefit of your business, so the cost can be counted in full in your accounting. This means that the professional use is 100%<\/strong>.<\/p>\n\n\n\n For example, if you incurred an expense of 50 euros with a professional use percentage of 100%, those 50 euros count in full as an expense in your accounting.<\/p>\n\n\n\n More expenses mean less profit, which means you have to pay less personal income tax<\/a> and fewer social security contributions<\/a>. So that\u2019s a good thing!<\/p>\n\n\n\n Unfortunately, not every expense can be fully deducted in your accounting. For example, some items you purchase will be used for both personal and business purposes. Think of your cell phone, electricity, your bicycle\u2026 or your cell phone plan, for instance. You make a lot of calls to friends and family, but of course also to clients and suppliers from time to time. But what percentage of these expenses can you claim in your accounting?<\/strong><\/p>\n\n\n\n <\/p>\n\n\n