Written by
Sara
Category
Many starting entrepreneurs often do not have the budget to hire an experienced accountant. So what do you do in that situation? You look for an affordable or even free method to keep your own bookkeeping. You muddle through, correct mistakes along the way and then the moment of the income tax return arrives. By that time you may have saved some money for an accountant, or you are forced to do it yourself.
Hiring an accountant for the income tax or corporate tax return costs on average between €150 and €500 in the Netherlands. Then many people ask: why would I spend money if I can do it myself? But then comes the big question: are you sure you have kept everything correctly to avoid fines?
To address this dilemma, we developed the "self-assured package". With this package you can file all your returns yourself for years, in an accurate, affordable and simple way. Even if you have a BV or holding company and need to file your annual accounts with the Chamber of Commerce, or if you have staff, this package is suitable. It is not only intended for self-employed professionals with a sole trader business.
How convenient would it be if you do not need external help and can rely on your own capabilities? The only thing it costs you is time. But at some point your time becomes more valuable and it may be wiser to outsource administrative tasks. You might think: "No, that will not happen to me", but what if you suddenly have a family that also needs your attention? Then you need to be honest with yourself.
Delegating tasks so you can achieve more and your business can grow is difficult if you are a control freak. But as an entrepreneur you need to spend your time efficiently and you do not want to fall behind. Even in that situation we are here for you! If you decide to take the self-assured package and later think, I am really going to outsource this now, we will deduct the amount you have already paid from your future invoices with us.
What does this self-assured package include?
- We set up your bookkeeping in detail and give you all the instructions to confidently make your bookings, create your invoices, create your quotes, link your bank to the programme and independently file your returns.
Do note that the Tax Authority looks back up to 7 years (and you have a retention obligation), so even if there are errors in your first financial year, you genuinely risk an assessment during a tax audit.
So we always recommend: do not muddle along, do it correctly from the start. You will benefit from this later, financially too!