Since 1 January, 2019, new rules regarding the issuance of vouchers have been enforced. If your company issues vouchers or intends to, these rules might affect your Value Added Tax (VAT) return, cash flow and bookkeeping significantly. What are vouchers under the new rules? The Dutch tax...
The current small business ruling (kleineondernemersregeling in Dutch; hereafter referred to as KOR) will change from the 1st of January 2020. As from the 1st of January 2020, entrepreneurs can opt for an exemption from the VAT obligation. This article outlines the changes that you...
Every year on the third Tuesday of September, the Dutch government reveals its Tax Plan for the coming year to the House of Representatives (Tweede Kamer). This day is known as ‘Prinsjesdag’ (Budget day). The revealing of the Tax Plan on this day is obligated...
The Dutch Rutte III Cabinet is planning to increase the reduced value-added tax (VAT) rate from 6% to 9% effective on 1st of January 2019. The Senate and the House of Representatives must still agree to the change which is intended to be part of...