tax plan 2012 changes 30%-ruling
Written by: Bas Hollenberg | 20 September 2011
The proposed changes in the 30% which will come into effect on January 1, 2012
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30% ruling streamlined
Written by: Bas Hollenberg | 9 September 2011
Secretary of Finance Weekers has made known what his plans are for adjustments to the 30%-ruling. A salary norm will be introduced for the condition that an incoming worker must have “specific expertise”. Also the discount ruling will be expanded.
Specific expertise 30%-ruling
Written by: Bas Hollenberg | 7 September 2011
A 30-ruling request can be rejected if the specific expertise is not considered scarce on the labor market. If a specific expertise is scarce must be determined objectively
Tax returns green light
Written by: Bas Hollenberg | 4 September 2011
Businesses can proceed with filing tax returns. Previously the Tax Office had given businesses the advice to put a hold on tax returns and other electronic transactions until further notice in connection with the fraudulent DigiNotar security certificates. The Ministry of Internal Affairs stated on Monday that there are sufficient safeguards to ensure a safe tax return.
Smartphones, tablets further distinguished
Written by: Bas Hollenberg | 29 August 2011
Recently the Secretary of Finance further sharpened the distinction between a computer and a cell phone. It was already known that smartphones such as BlackBerrys and iPhones may fall under the term ?mobile communication?. But now the Secretary has stated that the tax office will consider as mobile phones only devices with a screen no larger than 7 inches (17.78 cm) in diagonal.
Reduced tax rate on renovations extended
Written by: Bas Hollenberg | 29 August 2011
Have you started construction or renovation on a house which is older than two years before July 1, 2011? Then the lower tax rate of 6% still applies to the labour if the work is finished before October 1, 2011.
Small job scheme ends
Written by: Bas Hollenberg | 26 August 2011
This is the last year you can make use of the so-caled small jobs scheme. This arrangement allows employees younger than 23 years old with a salary under a certain limit (€600 for 22 year olds) to not have to pay employee insurance or health insurance premiums.
Tax office hurt by choice for resident taxpayer status
Written by: Bas Hollenberg | 25 August 2011
The choice for resident or non-resident taxpayer status often hurts the tax authorities as people will naturally choose for the option with which they have to pay the least amount of tax. A recent court case exemplifies this.
Self employed tax deduction (Zelfstandigenaftrek)
Written by: Bas Hollenberg | 24 August 2011
Self-employed persons are entitled to certain tax deductions (self-employed deduction,small business profit exemption) if the conditions are met.
Private Use Alarm!
Written by: Bas Hollenberg | 19 August 2011
Avoid the income addition for the private use of the company car and be aware of the new legislation for 2012.
Box 3 time proportionate allocation
Written by: Bas Hollenberg | 17 August 2011
A clarification of the changes to the regulations for the box 3 (income from savings and investments) calculation for those who do not reside in the Netherlands for the entire year.
Deadline for foreign VAT refund
Written by: Bas Hollenberg | 16 August 2011
The deadline for requesting a refund of the 2010 VAT paid in another EU country is September 30, 2011. This must be submitted to the Belastingdienst website using a special login code.
Non-resident taxpayers Box 3 income
Written by: Bas Hollenberg | 31 July 2011
Koppel tax consultants describes the changes to the reference dates for calculation of the non-resident taxpayers box 3 income: the income from savings and investments.
30%-ruling not hired from abroad
Written by: Bas Hollenberg | 27 July 2011
For eligibility for the expat 30% ruling certain conditions need to be met. You must have specific expertise which is scarce in the Nethlands, a high education level and you must be hired from outside the Netherlands.
Leave Legislation 2012
Written by: Bas Hollenberg | 27 July 2011
From 2012 there are new laws and regulations regarding leave. For information on accumulating leave, holiday pay, using up leave days, payroll administration and more. Contact us on +31 (0)20 3445900
Expat Housing Seminar 2
Written by: Bas Hollenberg | 27 July 2011
Koppel Tax Consultants are helping to organise another Expat Housing Seminar on September 20th. Buying your own home in the Netherlands can be cheaper than renting for expats.
Feuding with the neighbours causes lower house value
Written by: Bas Hollenberg | 13 July 2011
The WOZ-value of a property is the basis for many taxes such as home ownership, depreciation, inheritance and gift tax, box 3 home valuation. According to a recent court ruling this valuation can be influenced by a bad relationship with your neighbours.
Entitlement to transfer tax rate deduction possible for residences acquired before June 15, 2011
Written by: Bas Hollenberg | 11 July 2011
If you have bought a home in the Netherlands after June 15th, you may be eligible for a transfer tax rate deduction. For more information. Contact Koppel tax consultants. +31 (0)20 3445900
New investment into salary savings no longer possible
Written by: Bas Hollenberg | 3 July 2011
Next year employees in the Netherlands can no longer invest money for tax friendly savings via the employee savings scheme. This savings scheme (sparloon) will be absorbed into the new ?vitaliteitsregeling?.
Law and legislation from July 1
Written by: Bas Hollenberg | 27 June 2011
Summary of law reforms, the Netherlands July 1, 2011. Minimum wage raised. Reduced BTW on house renovation. Employment foreign workers. Partnership and Company law reform, company formation.
Private Use of Vehicles amended
Written by: Bas Hollenberg | 19 June 2011
The tax rules concerning the private use of company cars will change as of July 1, 2011. This could mean that there will no longer be VAT charged on the private use of the company car.
New employee and expansion of services
Written by: Bas Hollenberg | 19 June 2011
As of July 1, 2011 Bram de Later will rejoin the Koppel team. Our service package will be expanded to include process consulting. A student of Business Studies, Bram’s expertise is in the fields of process analysis and process optimisation.
The 30%-ruling under the work-related costs arrangement
Written by: Bas Hollenberg | 11 June 2011
The allowance for extra territorial costs under the 30% ruling is a specific exemption within the work-related costs arrangement. The allowance may not compromise the 1.4% of your salary which can be given tax free.
The 30%-ruling in the administration
Written by: Bas Hollenberg | 8 June 2011
The 30% ruling offers many advantages for expats in the Netherlands, however it needs to be correctly processed in the payroll administration. We provide payroll services, tax advice, accounting administrative services for expats in Amsterdam.
Tax penalty regime The Netherlands
Written by: Bas Hollenberg | 5 June 2011
A summary of the late filing/payment penalties for different taxes in the Netherlands, the amount of the fines and how to prevent them.