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tax concept for business, paying taxes
2022-03-31 10:30:57
Reserve for later

As an entrepreneur (self-employed person) you can use the fiscal old-age reserve (FOR) up to and including the 2022 financial year. An addition of the FOR leads to a lower profit.

You can only use the FOR if you, as a self-employed person (zzp/sole proprietorship) meet the hours criterion and have not yet reached the state pension age.

An addition amounts to 2022 % of the profit in 9,44. This amount may not exceed €9.218. Your entrepreneurial ability must be sufficient for this.

 

Example

On January 1, 2020 you have a FOR of € 50.000.

You made a profit of € 2020 in 30.000.

On the other hand, you made private withdrawals (in money) of € 28.000.

At the end of 2020, your business capital will be € 52.000. If you choose to add to the FOR, this is not possible in this case with €2.832 (= 9,44 % of €30.000). After all, the entrepreneurial capital at the end of the year amounts to € 52.000, while the FOR at the beginning of the year was € 50.000. The entrepreneurial capital is therefore not sufficiently sufficient, which is why the addition to the FOR is limited. You can only add € 2.000.

 

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