Periods and gross profit per year

NettoWise uses 12 periods per year, each matching a calendar month.

NettoWise uses 12 periods per tax year. Each period matches a calendar month. This lets you track your figures and salary calculation month by month.

Each period belongs to the current tax year and follows the calendar months.

Gross profit per period

The gross profit you book in a period belongs only to the current tax year. That means the invoice date must be within the same year. The payment date is not decisive.

Example You send an invoice on 1 December and receive the payment on 5 January of the next tax year. This revenue belongs to December and therefore falls in the last period of that year.

Swen van Zanten

Developer

Is my net income and reserved income tax always correct?

Why NettoWise provides a calculated indication and when results can differ.

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Overview of the steps NettoWise uses to calculate your salary.

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