Forum Moderators: martinibuster
I currently live (and pay taxes) in Belgium. I am an individual and I want to know how to declare my AdSense revenues.
I would appreciate your help.
Brian.
Anyway, my guess would be 'inkomsten' (income) in the 'personenbelasting' (personal taxes).
There is a web site here too, but there is no specific mention of any "internet related" activities. Do you have specifics in the Netherlands?
From what I can gather, I am tempted to do as you say : add the AdSense income to the general income of the individual tax statement. Easy.
But I want to know if this is correct. I want to know if it's ok if I don't declare myself as a self-employed or if I don't start a company.
Brian.
income = income + Adsense dollars * exchange rate - expenses to cash the cheques
I don't want to be short, but IMHO tax advice for your personal situation is beyond the scope of this forum. But I think it's up to the tax department to decide whether you're an entrepreneur or just an ordinary person.
Work out three figures that you'll need over a financial year (or whatever year you use to account with):-
Turnover (this is all income from Adsense + other advertising if you have it, other self-employed income if you have it etc)
Overheads (for running a website these would be things like web hosting fees, domain registration fees, electricity you use, bank fees for foreign currency cheques etc etc)
Profit = Turnover - Overheads
Then get in touch with the local Belgium tax authorities and ask them for their advice (look up number in phone book or find out their website address).
There is a web site here too, but there is no specific mention of any "internet related" activities. Do you have specifics in the Netherlands?
There's also no specific mention of hamburger related activities (not to mention Vlaamse frieten). Remember, it's income tax, not hamburger tax :-)
I am reluctant to call my administration ; that's why I asked my question here - just in case anyone knew what to do. But I will pick up my phone then...
I agree it is beyond the scope of this forum, but it is the only forum I know where people actually do try to help each other ; so, thanks again!
Cheers.
Two options :
1. If revenue is occasional and not linked to a professional activity : simply declare revenues as a physical person in "revenus divers / diverse inkomsten". You cannot substract expenses (except money to cash the check in the bank). I don't know what papers you must add to the declaration to "prove" the revenues and costs though.
2. If revenue is recurrent and linked to a professional activity : you must declare yourself a worker (zelfstandig / independant). In this case of course, all expenses (web hosting, computer, and so on) can be taken into account. As I don't fall into this category myself, I don't know much more.
To determine in which of the two cases you fall, it is really up to each individual case ; the guy told me there was no clear rule...
Hope it helps, if something here is incorrect, please let me know!
Yes....As long you keep all receipts I'd also claim expenses for advertising, web directory listings, web site research, hiring folks to write articles, webmasterworld membership :)
There are many legitimate internet related expenses to claim for, that the tax man would rather you overlooked.
