04/06/2025
No entrepreneur can do everything alone. You rely on experts, pay insurance premiums and invest in your knowledge. Good news: most professional services are also tax-efficient! In this blog post, you’ll discover how to maximize the deductibility of professional services.
Costs for finance and administration are fully deductible. The costs of your PIA Go! subscription, your bookkeeper or accountant, administrative software and tax advice are all 100% deductible, including VAT.
For insurance, deductibility varies by type:
• Your income protection insurance, turnover insurance, bankruptcy insurance, and VAPZ (up to 8.17% of your income from three years ago) are fully deductible.
• Your hospitalization insurance and accident insurance are not deductible.
• Your home fire insurance and car insurance are partially deductible, only for the share related to your home office or the business use portion of your vehicle.
Interesting tax paradox: for deductible insurance policies, payouts are taxable; for non-deductible insurance policies, payouts are tax-free.
Courses and training within your current field, professional literature, online learning platforms and conferences are fully deductible. Training for a future different profession is not deductible. Are you an IT consultant taking a programming course? 100% deductible. Are you an IT consultant taking a yoga course to become a yoga teacher later? Not deductible.
Subscriptions to magazines and memberships of professional associations are fully deductible, as well as access to online databases and information services relevant to your sector.
All banking costs for your business account and interest on professional loans are 100% deductible (note: the capital repayment is not!). Interest on mixed loans, such as a car loan, is deductible according to the percentage of professional use.
Your quarterly contributions to the social insurance fund are fully deductible as a business expense, without VAT.
At PIA Go!, we know that professional services make up a significant part of your expenses. Our PIA accountants help you apply the correct deduction percentage to each insurance, distinguish between deductible and non-deductible premiums, and optimize the treatment of your social contributions.
Curious how we can help you get the most financial benefit from your professional services?
Schedule a free video call today.
Which professional services are fully deductible for self-employed individuals?
Costs for accounting, administrative software, tax advice and banking fees for business accounts are 100% deductible, including VAT. Interest on professional loans is also deductible, but note: the repayment itself is not.
What about the deductibility of insurance premiums?
The deductibility of insurance premiums varies by type:
Fully deductible: income protection insurance, turnover insurance, bankruptcy insurance and VAPZ (up to 8.17% of your income from three years ago).
Not deductible: hospitalization insurance and accident insurance.
Partially deductible: home fire insurance and car insurance, only for the share related to your home office or business use.
Are training costs tax deductible?
Yes, courses and training within your current field, professional literature, online learning platforms and conferences are fully deductible. Training for a future different profession is not deductible.
How are subscriptions and memberships treated?
Subscriptions to professional journals, memberships of professional associations and access to online databases relevant to your sector are fully deductible.
Are social contributions deductible?
Yes, your quarterly contributions to the social insurance fund are fully deductible as a business expense, without VAT.
