Written by: Nico Koppel | 5 July 2018
The first step is being taken of a European drive aimed at improving international taxation reconciliation and deterring tax avoidance.
Written by: Stef-Jaap Willard | 22 June 2018
RVO.nl, the Netherlands Enterprise Agency, in 2017 allocated a total of € 1,455 million in rebates by virtue of WBSO, the Promotion of Research and Development Act of the Netherlands, to just over 21,000 Dutch businesses, 97% of them SMEs.
Written by: Stan Evers | 16 June 2018
The taxation individualisation process has created a situation in which single earners with a particular family income end up paying more tax than dual earners with the same family income.
Written by: Sean-Paul Smit | 14 June 2018
Any tax payer who belatedly filed a correct and complete return before he became aware, or should have got an inkling, that the Inspector of Taxes had caught on to the fact that his previously filed return had been incorrect or incomplete would have dodged the negligence penalty bullet thanks to the old voluntary disclosure scheme.
Written by: Nico Koppel | 7 June 2018
GDPR, the EU’s General Data Protection Regulation (which in the Netherlands is referred to as “AVG”), has been in full force and effect since the 25th of May of this year.
Written by: Stan Evers | 4 June 2018
You have the option under current legislation for a term of up to six months of the end of the year of suspension of the current business operations to transfer the cessation profit to an annuity account.
Written by: Stef-Jaap Willard | 3 May 2018
The Netherlands Wages and Salaries Tax Act offers scope for the tax-exempt reimbursement of additional (“extraterritorial”) expenses incurred by employees owing to their being temporarily stationed outside their country of origin.
Written by: Stef-Jaap Willard | 27 April 2018
The proposed adjustment of the regime has flowed on from a 2017 assessment of the 30 percent scheme, one of the conclusions of which was that use tends to be made of the scheme for no more than five years.
Written by: Nico Koppel | 26 April 2018
The State Secretary for Finance in response to questions on the subject tabled by Lower House MPs has confirmed that a transition measure is being introduced to take the edge off the impending emergency repairs to the corporation tax entity regime.
Written by: Stef-Jaap Willard | 19 April 2018
According to legal precedent it is the employer’s duty to take out adequate insurance against loss, damage and/or harm suffered by any member of the workforce who while performing his or her duties as the driver of a motorised vehicle may become involved in a road accident.
Written by: Stef-Jaap Willard | 12 April 2018
A court case revolved around the question as to whether either of a clauses could be construed as having to cause a reinvestment reserve a particular entrepreneur had created being released on the occasion of the entrepreneur’s emigration.
Written by: Jennifer Goedhart | 7 April 2018
The WKR (work-related expense) scheme is the system that provides for reimbursements and provisions in a payroll tax sphere. Its backbone consists of targeted exemptions and nil valuations in combination with a free margin.
Written by: Boyke-Marc Nankoe | 6 April 2018
The Dutch Ministry of Finance has submitted for consultation its proposed amendment of the small businesses scheme for value-added tax purposes. The current scheme applies to all natural persons who owe less than € 1,883 annually in value-added tax.
Written by: Stan Evers | 3 April 2018
The essence of “interest on tax” is that your outstanding income tax will be augmented by interest at a rate of 4% or more, whereas your outstanding corporation tax will have an 8% or greater interest charge added to it.
Written by: Jennifer Goedhart | 28 March 2018
The standard addition for the private use of a company car was reduced from 25% to 22% with effect from the first of January 2017. It follows from transitional law that cars the date of whose initial admission was on or before 31 December 2016 come under the 25% addition rate after the first of January 2017.
Written by: Stef-Jaap Willard | 22 March 2018
Four organisations of auditors and tax consultants in the Netherlands in a joint letter to the Minister and State Secretary for Finance have voiced concern about the detrimental effect on SMEs of certain measures forming part of the coalition agreement…
Written by: Nico Koppel | 15 March 2018
The collection of parking tax customarily takes place at municipal (or council) level. Drivers who do not bother paying at all or who overstay the allotted time run the risk of being treated to an additional assessment.
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