Conditions for temporary emergency regulations for self-employed entrepreneurs announced
Business

Conditions for temporary emergency regulations for self-employed entrepreneurs announced

Go to our page about the financial measures around the Corona crisis The conditions of the Temporary Bridging Scheme for Independent Entrepreneurs (Tozo) have been published. The scheme is implemented by municipalities and will continue until 1 June. Self-employed people can make use of two facilities from the Tozo: income support and a loan for…

Possibility to postpone the payment of pension contributions for employers
Business

Possibility to postpone the payment of pension contributions for employers

Deferral of pension premium Pension providers will compensate employers who are or have come into immediate problems as a result of the corona crisis as much as possible if they experience problems when paying the pension contributions without affecting the rights of employees. The Labor Foundation and the organizations of pension providers, the Pension Federation…

Frequently asked questions about the financial measures which the Dutch government is taking to maintain employment during the Corona crisis – Update 17 March 2020
General news

Frequently asked questions about the financial measures which the Dutch government is taking to maintain employment during the Corona crisis – Update 17 March 2020

What tax measures does the government take for entrepreneurs?   It is possible to apply for special deferral of payment for tax debts . After the request has been received, the Tax Authorities will stop the recovery measures. Individual assessment of the request will take place later. The usual deferral requirements remain. However, a “third expert” statement does not have to…

Mandatory Disclosure Rules / DAC6
Dutch Tax

Mandatory Disclosure Rules / DAC6

As of July 1, 2020, the European Mandatory Disclosure Rules (MDR) / DAC6 directive applies. As a result of the Dutch implementation of this directive, intermediaries and / or taxpayers must report potentially aggressive international tax arrangements to the tax authorities. These are tax constructions involving residents of different countries and may be used to…

Wage tax in the Netherlands
Dutch Tax | Payroll - HR

Wage tax in the Netherlands

Wage tax in the Netherlands Tax on wages and salaries Tax payable by Persons resident in the Netherlands receiving a wage or salary from an employer established in the Netherlands for work they are doing or have done. Persons resident abroad receiving a wage or salary from an employer established in the Netherlands for work they are…

Business

VAT in the Netherlands

Subject to VAT The value added tax system in the Netherlands corresponds with that currently used by all other EU-states. The following transactions are subject to VAT: the provision of goods and services by businesses within the Netherlands; intra-Community purchases of goods in the Netherlands in the course of business operations by entrepreneurs and corporations;…

Uncategorized

EU regulations concerning invoices

A. Obligation to issue invoice Every taxable person shall ensure that an invoice, or other document serving as invoice, is issued, either by himself or by a third party, in his name and on his behalf, in respect of goods and services which he has supplied or rendered to another taxable person or to a…

Income from home and work: Box 1
Dutch Tax

Income from home and work: Box 1

Income from home and work: Box 1 The categories which comprise the income from work and home are: profits from business or professional activities income from employment result from other activities income in the form of periodic payments income from home expenses for income provisions negative expenses for income provisions 1. Profits from business or…

Dutch Tax

Income from substantial interest: Box 2

Income from substantial interest: Box 2 Income from a substantial interest in a company, including capital gains or losses, is subject to income tax and is taxed at a rate of 25%. A taxpayer is regarded as having a substantial interest in a company if he or she, either solely or with his or her…

Dutch Tax

The Dutch tax system

The Dutch tax system If you live in the Netherlands, you qualify as a resident taxpayer. If you live abroad and receive income from the Netherlands that is taxable in the Netherlands, you qualify as a non-resident taxpayer. In both cases, you will be subject to Dutch income tax. Types of income For income tax…