Annual turnover tax return for small business owners
The Junior Minister for Finance in the six-monthly status report on tax-related motions tabled and undertakings given has intimated that the option of annual turnover tax filing should in future continue to be open to small business owners, it having previously been suggested in the context of the realignment of the small businesses scheme that the option in question should be phased out. The option of filing for turnover tax on an annual basis is open only to (partnerships of exclusively) natural persons. The impending abolition of annual turnover tax filing effective 2020 is to remain confined to legal entities.
Still on the subject of turnover tax news, you may be interested in hearing that entrance examinations for and interim examinations forming part of tax-exempt curriculums have been granted turnover tax exemption from the first of January 2019 onwards. The terms governing the exemption in question are identical to those that apply to final examinations for tax-exempt curriculums. The Turnover Tax Implementation Decree 1968 has been amended accordingly with effect from the first of January 2019.
Dutch version: Jaaraangifte BTW voor kleine ondernemers