KVK: Earn money with time tracking

In addition to these advantages, time tracking also offers tax benefits, such as the tax relief for new companies (startersaftrek) and the private business ownership allowance (zelfstandigenaftrek). You are allowed to deduct these from your profit. That means you pay less income tax, increasing your earnings. These tax schemes do not apply to BVs. If you have a BV you have to deal with corporation tax.