Are accountant's fees tax-deductible?
Short answer
Yes. Your accountant's fees are business costs and reduce your profit, and you deduct the VAT on the invoice in your VAT return. With an accountant at € 100 a month, you therefore pay less in net terms, because you pay no income tax or corporate income tax on that amount.
Updated on · Reviewed by the tax advisers at Boekhoudvriend
All costs you incur for your business are deductible, and bookkeeping is a clear example. This applies to ongoing bookkeeping, the annual accounts and the tax returns that belong to your business.
What you deduct
- The monthly fee for your bookkeeping and tax returns
- One-off costs, such as setting up your bookkeeping
- Accounting software and integrations
- The VAT on all these invoices, via your VAT return
At Boekhoudvriend, 10 bookings a month, your VAT returns, the annual accounts and your tax return are included in the fixed price.
Sources
This answer is general information, not personal advice. Your own situation may work out differently, so feel free to ask our team.