Managing the Dutch VAT rate change in Xero
Dutch VAT rate change As you may know, the low VAT rate changed per 1 January 2019 from 6% to 9%. In order to correctly book any 2019 sales / purchase invoices using this new rate, the new rate has…
End-of-year tax suggestions
We have listed a number of end-of-year tips for you. We have also listed the most important tax policy proposals of the new cabinet. 1. Make use of the corporate tax rate step up. The first tranche of the corporate…
Dutch finance and tax measures regarding COVID-19
The outbreak of Covid-19 has major consequences for the global economy. The Dutch Ministry of Finance has announced that measures will be introduced to limit its impact on the Dutch economy. In the following paragraphs we outline these measures and…
COVID-19: Dutch tax measures, update 23 May
Extension and expansion of emergency package for jobs and the economy The government announced on Wednesday, 20 May 2020 an extension and an expansion of the emergency measures related to the coronavirus. These measures follow the first emergency package (March…
Independence
LinkedIn post. Thanks to the panel members Margreeth Kloppenburg Kris Douma Pieter Asjes Boudewijn de Bruin, Dave Dekker , and the participants of STUDIOAMS RODE LOPER Amsterdam on “(financial) Ethics and the Renaissance of Fundamental Principles,” led by Antoinette Dijkhuizen…
Budget day: Tax Plan for 2022
On 21 September 2021 (Budget Day), the government presented the 2022 Tax plan. We will go into this in more detail below, with thanks to Ton Mertens, who has already put things into words beautifully. As expected, the resigned cabinet…
Update on tax measures
On May 20th, the cabinet published several plans to change the tax rules. The opposition has also launched several proposals. We have listed the relevant issues for you in this newsletter. 1. Taxation of the director and substantial shareholder (DGAs)…
WKR 2021
The financial year 2021 is coming to an end and that means that the bookkeeping needs to be finalized. An important matter for employers is the so-called Work Related Expense Scheme (in Dutch ‘Werkkostenregeling’ or ‘WKR’). We are happy to…
Overview of Tax Developments
The cabinet published the Spring Memorandum 2022 on May 20th, along with a Chamber letter outlining the content and schedule of various legislative proposals. The opposition has also put forth proposals. We have summarized some of this for you. Taxation…