Freelancing provides a lot of freedom, but also comes with some extra responsibilities. Keeping your administration is one of the responsibilities.
Fortunately, through Hollandworx we take a large part off your hands. For example, we send a financial overview and a manual every quarter to make the VAT return as easy as possible.
As a freelancer, it is important that you have your administration properly in order. Consider the following points:
- Keep all invoices and receipts safe for the tax authorities.
- It is also useful to set aside money for any taxes or insurance costs.
- Don't forget to file your VAT return on time every quarter. This way you avoid an unnecessary fine!*
Please note: * Are you participating in the KOR? Then you only have to file a tax return once a year. For more information about the small business scheme, click here.
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For more information, see “ What should I take into account as a freelancer? ” and “ Does freelancing affect my student finance ?” read on some more. Here are some tips to help you get on the right track.