No reduced value-added tax rate for digital pop events
Written by: Willemijn Houter | 25 February 2021
The Junior Finance Minister has answered questions concerning the levying of value-added tax on digital pop events.
News
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Introduction of directive dealing with value-added tax in an e-commerce context
Written by: Vincent Heemskerk | 28 January 2021
The proposed legislation involves the levying and collection of value-added tax on cross-border Internet sales to consumers of products and services being brought up to date as well as undergoing rationalisation.
Input tax credit review
Written by: Vincent Heemskerk | 12 November 2020
The value-added tax component of operating assets qualifies for deduction in proportionality to the degree in which said assets are deployed in support of value-added tax charged activities.
Input tax entitlement while property sits vacant
Written by: Vincent Heemskerk | 2 July 2020
The input tax set-off regime is aimed at neutralising in their entirety the (outstanding or paid) turnover tax charges associated with the entrepreneur’s economic activities.
Delayed implementation of revised value-added tax regime for e-commerce
Written by: Vincent Heemskerk | 19 June 2020
The new regime is to simplify the system of value-added tax being charged on cross-border Internet sales of products and services to consumers.
Value-added tax on amounts charged to bad debtors
Written by: Ferhat Ruzgar | 15 November 2019
Your application for a refund of the value-added tax component of an invoice you once raised with what has since emerged as a bad debtor can be made as part of your regular periodic value-added tax return.
Reappraisal of input tax credit
Written by: Vincent Heemskerk | 15 November 2019
The value-added tax on operating assets qualifies for deduction to the extent that the assets in question are used in aid of performances that are liable for value-added tax.
Payment of value-added tax on private use of company car during 2019
Written by: Vincent Heemskerk | 15 November 2019
You need to include the value-added tax on your private use of corporate assets as part of your value-added tax return for the final quarter of 2019.
Don’t overlook the deadline for your supplementary tax return
Written by: Vincent Heemskerk | 14 November 2019
Business owners who need to file an adjustment to their value-added tax return for 2019 or a value-added tax balance sheet item should do so before the first of April 2020
Draft legislation regarding implementation of E-commerce Directive put out for public consultation
Written by: Nico Koppel | 10 October 2019
The Ministry of Finance has put out for public consultation its draft legislation concerning the levying and collection of turnover tax.
Small Businesses Scheme prompts Parliamentary questions
Written by: Marcel Frazer | 26 September 2019
A change effective the first of January 2020 is in the offing for KOR, the Small Businesses Scheme.
Turnover tax measures effective 2020
Written by: Vincent Heemskerk | 20 September 2019
We would like to tell you more about the turnover tax measures of 2020 in this article!
Post-discontinuance divestment of business assets
Written by: Andrija Božović | 22 August 2019
The sale of capital goods having been classified as business assets at the time the business in question was still up and running …
Value-added tax rate on digital books and periodicals
Written by: Willemijn Houter | 26 April 2019
A Bill providing for the application of the reduced value-added tax rate to digital books and periodicals has been put out for public consultation.
Annual turnover tax return for small business owners
Written by: Sean-Paul Smit | 10 April 2019
The option of filing for turnover tax on an annual basis is open only to (partnerships of exclusively) natural persons.
Scope for future application of reduced value-added tax rate to digi-books
Written by: Willemijn Houter | 7 February 2019
Questions have been tabled in the Lower House of the Dutch Parliament on the treatment in terms of value-added tax rate of digital books, journals, newspapers and magazines.
Lower House queries turnover tax aspects
Written by: Willemijn Houter | 24 January 2019
Turnover tax returns are required to be filed within one month of the end of the period under review, with payment to the Receiver of the corresponding tax charge (as per the tax return) having to be made within one month of the end of the relevant period.
Sole traders to be given new value-added tax registration numbers
Written by: Willemijn Houter | 21 December 2018
So far value-added tax registration numbers issued to sole traders in the Netherlands have included the relevant entrepreneur’s citizen service number.
Rise in reduced value-added tax rate
Written by: Sean-Paul Smit | 16 November 2018
The reduced value-added tax rate applies inter alia to basic necessities and to selected labour-intensive services.
Value-added tax return for Q4 2018
Written by: Sean-Paul Smit | 15 November 2018
Please remember to take the following into consideration when filing your value-added tax return for the fourth (and final) quarter of the current year.
No exceptions to increase in lower VAT-rate
Written by: Sean-Paul Smit | 4 October 2018
The Dutch State Secretary for Finance, Menno Snel, has asserted that exceptions to the proposed increase in the lower VAT-rate are not on the cards as far as he is concerned.
Value-added tax measures 2018
Written by: Willemijn Houter | 23 September 2018
The Dutch cabinet intends to raise the lower value-added tax-rate from its current level of six percent to nine percent, as was already mentioned in the coalition agreement.
Application of reverse-charge mechanism
Written by: Sean-Paul Smit | 27 July 2018
There are scenarios in which the reverse-charge mechanism ensures that liability for payment of the value-added tax component comes to rest with the recipient rather than the supplier of the product or service.
No supply? No input tax credit!
Written by: Sean-Paul Smit | 20 July 2018
It is obligatory for entrepreneurs to include turnover tax in the amounts they charge to their customers for goods (to be) supplied or services (to be) rendered.
Ministry of Finance presents proposal for amendment of small businesses scheme
Written by: Marcel Frazer | 6 April 2018
The Dutch Ministry of Finance has submitted for consultation its proposed amendment of the small businesses scheme for value-added tax purposes. The current scheme applies to all natural persons who owe less than € 1,883 annually in value-added tax.