The Cabinet has given a further update on various measures related to the coronavirus.Compensation for wage costs (NOW)The portal for the reimbursement of labour costs has not yet been opened. It is expected that the portal will be opened on 6 April next. In a …
Notification of inability to pay
Last week we reported that, due to the corona crisis, the cabinet has come up with measures to postpone the payment of income tax, corporate income tax, VAT and wage tax assessments. The collection will be stopped on request, if payment problems have arisen as a result …
UPDATE Postponement of payment related to the coronavirus
In our earlier reports on obtaining a deferral of payment, we stated that a statement from a third party expert must be submitted to the Dutch Tax Authorities. This condition has now been further relaxed. In case of a postponement for a period of three months, this …
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Measures Coronavirus – UPDATE
Update of yesterday's report on the measures taken in relation to the coronavirus In a letter last night, the Cabinet announced the following additional measures because of the coronavirus. Recovery and tax interest temporarily to 0.01%If an assessment is not …
Measures coronavirus
The government has taken a number of measures to mitigate the economic impact of the coronavirus.Deferral of payment of income, corporation, wage taxes and VATUnder circumstances, it is possible to obtain a deferment of payment for assessments relating to the above …
Incorrect 2019 and 2020 Tax Rates Box 3
On 3 March last, the State Secretary for Finance sent a letter to the House of Representatives in which the following is reported: "In the middle of last week an error was discovered in the calculation of the fixed yields of box 3 as established by the Ministry of …
Ensure a timely filing of the 2019 Dutch gift tax return
Did you receive a donation in 2019? If so, please bear in mind that you may have to file a gift tax return. In principle, this must be done before 1 March next. Filing a tax return is in any case required: in the case of a donation by parents to children: if the …
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Three focal points for spring 2020
The importance of a correct provisional assessment 2019 In early 2019, provisional personal and corporate income tax assessments were imposed. If an additional payment still has to be made on the final assessment 2019 (and the provisional assessment was therefore …