No tax increase for insufficient director salary.

No tax increase for insufficient director salary.

No tax increase for insufficient director salary. As we highlighted before, the recent corporate tax reform increased the minimum executive remuneration from € 36,000 to € 45,000 (i.e. salary and benefits in kind). This measure was introduced to prevent individual...
Business expense allowance for freelancers.

Business expense allowance for freelancers.

Business expense allowance for freelancers. As from tax year 2019 (income year 2018) self-employed individuals and independent contractors can benefit from the same business expense allowance as employees. Before, freelancers were always required to prove their actual...