This mailing is divided into the following topics: CompaniesEmployerInternational situationsReal EstateCar(Wealthy) individualsOther measures The proposed measures will enter into force from 1-1-2021, unless otherwise stated. COMPANIES Set-off of …
Update financial measures corona virus
Last Friday, the Cabinet announced the third aid package in connection with the corona crisis. This third package contains the following measures. Extension and adjustment scheme for compensation for wage costs (NOW)The NOW scheme will be extended by nine months. …
Retention period mortgage documents
The taxpayer who in his return claims a deduction must substantiate this with documentary evidence. How long should these supporting documents be kept? A judgment of the Supreme Court of the Netherlands has shown that this retention obligation with respect to the …
Secretary of State withdraws plan to reform capital gains tax
The former Secretary of State's proposal to reform the capital gains tax (box 3), which should take effect per 2022, has been withdrawn. This is announced by the current Secretary of State.The reason given is that the plan contains a big difference between the Box 3 …
Secretary of State withdraws plan to reform capital gains taxRead More
Update financial measures corona virus
We have previously informed you about the scheme for compensation of wage costs (NOW) and the possibility of applying for deferral of payment for some types of tax. These measures have recently been extended. We will discuss these extensions in more detail …
Excessive borrowing from one’s own company Act
Recently, the State Secretary for Finance presented the Act on excessive borrowing from own company, to the House of Representatives. As indicated in our previous mailings, this Act was already announced in September 2018. It is proposed that substantial interest …
Update replacement Assessment of Employment Relationships (Deregulation) Act (“DBA”)
The Dutch government has decided not to elaborate any further on the legislative proposals it made last year concerning a minimum rate for self-employed persons without personnel (hereafter: self-employed persons) and a self-employed persons’ declaration. The minimum …
Update replacement Assessment of Employment Relationships (Deregulation) Act (“DBA”)Read More
Subsidy scheme for electric cars private individuals
As a result of the Coalition Agreement and the Climate Agreement, a subsidy scheme will enter into force on 1 July 2020, making the electric car accessible to a wider group. The subsidy scheme applies to electric cars in the smaller or compact middle class, purchased …
Subsidy scheme for electric cars private individualsRead More