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 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...
In the Netherlands, the Dutch tax authorities apply the margin scheme for the trade in second-hand goods, art pieces and collector items. Despite the fact that this VAT ruling has been around for years, the margin scheme might not always be clear to trading companies....
Entrepreneurs with multiple firms may find themselves spending a lot of time of filing VAT tax returns. Not only is this very time consuming, but it may also hinders the entrepreneur to invest his or her money on something else. In this case, a fiscal...
Cryptocurrency is a form of digital currency and has become very popular in the recent years. It is designed with the intention of being anonymous and secure. By using decentralized technology, cryptocurrencies make it possible for users to carry out secure payments and store money...