The self-employed person’s deduction in 2020 is € 7030. Each year, this amount is reduced by €250. In 2028, this subsidy will be reduced by a one-off amount of €280, so that the self-employed deduction will still be €5,000 in 2028.
To be eligible for the self-employed deduction, you must meet 3 conditions:
1. State pension age
On 1 January of the calendar year, you have not yet reached the state pension age. In 2020, the state pension age will be 66 years + 4 months. Every year, the state pension age will gradually increase to 67 years in 2024. Want to know what your state pension age is? You can calculate it via the SVB website.
2. Being an entrepreneur for the Tax and Customs Administration
You must be classified as an entrepreneur with the Tax and Customs Administration. There are a number of conditions that you must meet as an entrepreneur. You can check on the website of the Tax and Customs Administration whether you are seen as an entrepreneur for income tax purposes.
3. Hours criterion
You must meet the hours criterion of 1225 hours per year. This means that you should work about 24 hours a week (without holidays, holidays and illness). It is therefore better to assume 27 hours per week in order to meet the hours criterion.
The hours criterion includes all hours you spend on your business. So not only the hours you work as a nurse or caregiver, but also the hours you put into your administration or training, travel time, visiting network meetings and reading professional literature.
This also means that the hours you spend practicing and testing the various nursing procedures via the CareUp App contribute to your hours criterion for the self-employed deduction!
Please note: you must be able to make these hours plausible to the tax authorities. It is therefore advisable to keep track of all your activities in a (digital) agenda, so not only your services, but also your indirect activities!
Tip: Turn on your timer before you start CareUp. This way you know exactly how long you have practiced nursing procedures and you can easily note this in your agenda.
