Taxbudget 2014, measures for freelancers or selfemployed

Tax Measures in 2014

For freelancers or self employed:

- the small business profit exemption is 14% for 2014;
- starting from december 1st 2013 only one account can be used for return of tax money for Toeslagen, income tax and VAT/omzetbelasting.
- zelfstandigenaftrek (tax credit for freelancers) for 2014: 7.280 euro and for starters an extra of 2.123 euro.
- not paying your VAT on time could mean prison of max 6 years.