Lower House passes 2020 Tax Plan
Written by: Nico Koppel | 21 November 2019
The Lower House of the Dutch Parliament has passed the bills that together make up the Tax Plan for 2020.
News
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Disbanding upon request of tax grouping
Written by: Nico Koppel | 16 November 2019
If you wish with effect of the first of January 2020 to eliminate one or more companies from an existing tax grouping, it is essential that you should submit your petition to the relevant request before the current year-end.
Use of eRecognition
Written by: Bas Hollenberg | 16 November 2019
eRecognition essentially represents a digital key. The minimum requisite level for logging on to the Tax and Customs Administration’s web site is level 3.
Value-added tax on amounts charged to bad debtors
Written by: Ferhat Ruzgar | 15 November 2019
Your application for a refund of the value-added tax component of an invoice you once raised with what has since emerged as a bad debtor can be made as part of your regular periodic value-added tax return.
Tax on dividend payments to go up in 2020
Written by: Herman Ruijter | 15 November 2019
The income tax rate for dividend payments made to directors-cum-controlling shareholders is set to increase to 26.25 percent in 2020
Reappraisal of input tax credit
Written by: Vincent Heemskerk | 15 November 2019
The value-added tax on operating assets qualifies for deduction to the extent that the assets in question are used in aid of performances that are liable for value-added tax.
Payment of value-added tax on private use of company car during 2019
Written by: Vincent Heemskerk | 15 November 2019
You need to include the value-added tax on your private use of corporate assets as part of your value-added tax return for the final quarter of 2019.
Don’t overlook the deadline for your supplementary tax return
Written by: Vincent Heemskerk | 14 November 2019
Business owners who need to file an adjustment to their value-added tax return for 2019 or a value-added tax balance sheet item should do so before the first of April 2020
Don’t miss out on the possibilities offered by the Work Related Expense Scheme
Written by: Marcel Frazer | 14 November 2019
The central plank of WKR is that it treats all allowances and disbursements made available to members of staff as wage components.
Proposed legislation providing for introduction of sole tradership minimum fee
Written by: Nico Koppel | 7 November 2019
The idea of introducing a minimum fee system has been coined with a view to improving the position of sole traders who operate at the bottom end of the labour market.
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 …
No dunning notice? No interest on overdue tax!
Written by: Nico Koppel | 17 October 2019
Tardy payment of tax assessments will prompt the Collector of Taxes to charge interest on overdue tax.
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.
No 30 percent tax ruling for Dutch-resident foreigner
Written by: Marcel Frazer | 11 October 2019
When someone is temporarily resident in the Netherlands rather than in his or her own country of origin, he or she may qualify for tax exemption for up to 30 percent his or her wage and allowances in compensation of his or her extraterritorial costs.
Draft legislation regarding implementation of E-commerce Directive put out for public consultation
Written by: Nico Koppel | 10 October 2019
The Ministry of Finance has put out for public consultation its draft legislation concerning the levying and collection of turnover tax.
Belgrade team is firing on all cylinders
Written by: Bas Hollenberg | 1 October 2019
Last year witnessed the addition to “Team Koppel” of three more expert go-getters, none of whom you’re likely to bump into at the Amsterdam office any time soon as all three of them are stationed in … Belgrade!
Small Businesses Scheme prompts Parliamentary questions
Written by: Marcel Frazer | 26 September 2019
A change effective the first of January 2020 is in the offing for KOR, the Small Businesses Scheme.
Turnover tax measures effective 2020
Written by: Vincent Heemskerk | 20 September 2019
We would like to tell you more about the turnover tax measures of 2020 in this article!
2020 Tax Plan
Written by: Herman Ruijter | 19 September 2019
Read more about the Dutch Cabinet’s “2020 Tax Plan” and the six Bills!
Payroll tax measures effective 2020
Written by: Marcel Frazer | 19 September 2019
We tell you more about the Work Related Expense Scheme, tax exemption for volunteers, Research and Development rebate and addition for electric cars!
“Box 3” adjustment
Written by: Stan Evers | 12 September 2019
The Junior Finance Minister in a recent letter to the Lower House has set out his “Box 3” adjustment proposal.
Decline in car sales, BPM revenue shows slight increase
Written by: Nico Koppel | 5 September 2019
Notwithstanding the 10 percent or so decline in passenger vehicle sales for the first half of 2019 compared with one year earlier, the BPM revenue has shown a slight increase …
Post-discontinuance divestment of business assets
Written by: Andrija Božović | 22 August 2019
The sale of capital goods having been classified as business assets at the time the business in question was still up and running …
Adjustment of private motor vehicle cum motorcycle tax as at first of July
Written by: Nico Koppel | 8 August 2019
The private motor vehicle cum motorcycle tax is levied on the basis of the carbon dioxide emission levels of the vehicle in question.
The “standard practice” criterion as per the WKR scheme
Written by: Sean-Paul Smit | 2 August 2019
The central plank of WKR, the Work Related Expense Scheme, is that it treats all allowances and disbursements as wage components.