The NOW scheme
Written by: Marcel Frazer | 1 April 2020
The NOW scheme is aimed at helping out employers whose sales for the months of March to May nclusive have plummeted by 20 percent or more.
News
Do you want direct access to important fiscal and financial news? Thanks to Koppel Services, staying up-to-date has never been easier. Our news section offers in-depth insights into a wide range of financial, organizational, administrative and tax-related topics. As part of our professional philosophy, we keep track of important developments across a wide range of industries. This not only gives us a uniquely comprehensive perspective on international tax laws and regulations, but also allows us to delve deeper into subjects that are relevant to your business. If you're looking for a specific story or insight, please select a category to the right. Our news selection will update automatically to reflect your choice.
Corporation tax exemption for associations
Written by: Nico Koppel | 6 February 2020
Associations or foundations that carry on business operations will be liable for corporation tax. They can qualify for exemption.
Labour Market in Balance Act
Written by: Marcel Frazer | 12 December 2019
One of the Labour Market in Balance Act’s components concerns the differentiation depending on type of employment contract …
Timely finalisation of tax assessment
Written by: Herman Ruijter | 1 November 2019
The Arnhem-Leeuwarden Court of Appeal contended that it was the respective dates of the assessments which dictated their chronology …
Privacy-proof value-added tax number for sole traders
Written by: Andrija Božović | 14 October 2019
With effect from the first of January 2020 sole traders in the Netherlands are to be given a new value-added tax number.
2020 Tax Plan
Written by: Herman Ruijter | 19 September 2019
Read more about the Dutch Cabinet’s “2020 Tax Plan” and the six Bills!
Application for revised Small Business Scheme
Written by: Sean-Paul Smit | 1 August 2019
Business owners who apply for admission to the revised Small Business Scheme are exempted from having to file turnover tax returns or …
Sole tradership
Written by: Sean-Paul Smit | 4 July 2019
Sole traders are being eligible for particular tax benefits that employees go without. Read more in our article!
Turnover Tax Implementation Decree up for amendment
Written by: Marcel Frazer | 5 June 2019
The forthcoming amendment of the Turnover Tax Implementation Decree 1968 will release small business owners from the obligation …
Shortening of payment term for large companies in the offing
Written by: Willemijn Houter | 1 May 2019
Large companies have been under the obligation for the past two years to settle the invoices their SME suppliers raise with them within 60 days of the invoice date, this being the statutorily defined maximum payment term.
Income tax return for 2018: Interest on tax
Written by: Stan Evers | 5 April 2019
The income tax return season for 2018 has been open since the first of March 2019.
Income tax return for 2018
Written by: Willemijn Houter | 1 March 2019
Your pre-completed income tax return for 2018 is ready for you to be used. Please find a summary of this year’s changes compared with 2017 and other points for particular attention.
Would you like to avoid paying interest on tax and reduce your “Box 3” income tax charge at the same time?
Written by: Stan Evers | 1 November 2018
Your provisional income tax assessment enables you to settle up your outstanding tax for the current fiscal year in advance.
The “30 percent ruling” regime and your provisional income tax assessment for 2019
Written by: Stan Evers | 2 October 2018
One of the announcements made was that the legislator with effect from 2019 is curtailing the 30 percent ruling for so-called knowledge migrants to five year.
Recovery of value-added tax paid in 2017
Written by: Sean-Paul Smit | 1 September 2018
If you are a business owner who in 2017 made value-added tax payments in an EU Member State other than the Netherlands without having tax filing liability there, you have the option of recovering the value-added tax.
Adjustment of provisional refund
Written by: Stan Evers | 9 August 2018
If in the past you have successfully applied for a provisional income tax refund or provisional income tax assessment, you would do well from time to time to reassess your (financial cum fiscal) situation and communicate the necessary adjustments to the Tax and Customs Administration.
Discontinuing your sole tradership? Don’t wait any longer!
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.
Are you ready for the implementation of the GDPR?
Written by: Stan Evers | 2 May 2018
The 25th of May is the effective date of the General Data Protection Regulation (“GDPR”), which from this date onwards will be the overriding data protection standard throughout Europe.
Avoid interest on tax by checking your provisional 2017 tax assessment now!
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.
Conversion from sole tradership to private limited liability company
Written by: Stan Evers | 2 March 2018
If you are currently running your business under sole tradership form, it may be worth your while to consider a conversion to private limited liability company form,
Check your provisional tax assessment(s) for 2018!
Written by: Stan Evers | 1 February 2018
It is not unusual for this time of year to see provisional assessments for income and corporation tax coming thick and fast, demanding up-front initial payment or confirming a rebate.
Let’s hear it for good intentions!
Written by: Stan Evers | 3 January 2018
A new year is the perfect opportunity to think about good intentions. What are your good intentions? Let us help you start!
End-of-year turnover tax tips
Written by: Marcel Frazer | 11 December 2017
Do not overlook your input tax credit adjustment! Read our end-of-year turnover tax tips!
End-of-year tips for businesses
Written by: Bas Hollenberg | 5 December 2017
KIA, the small-scale investment allowance scheme, has been designed with the aim of boosting capital expenditure.
Turnover tax on irrecoverable outstandings
Written by: Willemijn Houter | 4 December 2017
You will be able to recover the turnover tax component by including it in your inaugural turnover tax return for 2018!