Limited company in the Netherlands
Business

Limited company in the Netherlands

Although the system in the Netherlands seems flexible specific procedures must be followed. These procedures may require some time, so it is important that the right solution is chosen and that all required information is available on request. In this article we will explain some of the rules involved and our fees if you would like us to assist you.

Income from savings and investments: Box 3
Dutch Tax

Income from savings and investments: Box 3

Income from savings and investments: Box 3 Taxation on income from savings and investments is in the Netherlands based on the assumption that people will have a certain taxable return on their net capital. The actual level of return (for example interest, dividend, capital gains or losses) is not relevant. Net capital (the value of…

Tax-free continuation of the fixed (travel) expense allowance for working from home during the corona crisis expires in 2021
Business

Tax-free continuation of the fixed (travel) expense allowance for working from home during the corona crisis expires in 2021

Many employees receive a fixed (travel) expense allowance from their employer every month. As a result of the current Corona measures, employees have to work from home as much as possible, which could have consequences for this reimbursement. Temporary approval: costs can remain untaxed To prevent this from happening, Secretary of State Vijlbrief of Finance…

Consequences for the tax and social security position of an expat as a result of the corona measures
Dutch Tax

Consequences for the tax and social security position of an expat as a result of the corona measures

As a result of the corona measures, many expats have to take into account the possibility that another country will levy tax on their wages than expected. In principle, however, the situation does not change for social security. Cross-border work In cases of cross-border work, there are often two or sometimes even more countries that…

Compensation of 4,000 Euro for Entrepreneurs in Affected Sectors
Business

Compensation of 4,000 Euro for Entrepreneurs in Affected Sectors

Source: Rijksoverheid.nl and kvk.nl The Entrepreneur Affected Sectors Allowance COVID-19 (TOGS) is 1 of the 9 emergency measures of the cabinet to support entrepreneurs during the corona crisis. The TOGS is for entrepreneurs who are directly damaged by various government measures to contain the COVID-19 virus. Duped entrepreneurs receive a one-off payment of € 4,000…

Expansion of the SME Loan Guarantee (BMKB)
Business

Expansion of the SME Loan Guarantee (BMKB)

In order to help SME entrepreneurs affected by the corona crisis, the rules for the SME Credit Guarantee Scheme (Borgstelling MKB-kredieten, BMKB) have been relaxed. This adjusted regulation is called the BMKB-C. The measure allows businesses to borrow money from the bank under more favourable conditions, for example in order to be able to continue…