When working with a foreign client the VAT rules could be completely different than you are used to. Each country has different VAT rates. In the Netherlands, VAT works differently when you work with foreign clients as well.
Owning a business doesn’t automatically mean you are an entrepreneur for income tax purposes. Do the tax authorities see you as an entrepreneur or not? There are different criteria for this!
At the end of the year, the to-do lists are overflowing. Buying presents for St. Nicholas or Christmas, coming up with good New Year’s resolutions and, of course, the preparations for a new tax year. Take a moment to run through these end-of-year tips and before you know it, you can cross that task off your list!
Prinsjesdag 2023 – which happens on the third Tuesday of September – has already occurred. On this day in 2023, Minister Kaag of Finance presented the Dutch House of Representatives with the Budget Memorandum and State Budget for 2024.
Tax season is now over and a strikingly large number of Dutch people have missed the deadline for filing their tax returns. Nearly 200,000 people have failed to file their tax return on time or have not requested a postponement.
Are you required to file VAT returns on a quarterly basis? Time is running out to submit your VAT return for the second quarter of 2023.
Don’t forget! The deadline for submitting your M-Form tax filing is approaching, set for July 1st.
Get informed about the changes to the box 3 system in the Netherlands with our latest article. The Spring Memorandum 2023 outlines the proposed changes.
Did you make deductions in 2022? Check your final income after the Dutch tax return! You may still be entitled to certain allowances.
Apply for a tax return filing extension if you can’t make the deadline for the Dutch income tax return 2022. We can also do this on your behalf, let us know!
Need help with the income tax return 2022? We are happy to take this off your hands and provide you with the necessary tips and tricks for future tax returns.
Wealth tax 2022 (box 3) in the Netherlands unfair for investors with low returns. Do you disagree with the final tax assessment? Then submit a notice of objection to the Dutch tax authorities.
Dutch transfer tax goes up in 2023. The general rate will increase from 8% to 10.4% as of 2023. The reduced rate will remain at 2% and the starter exemption will be increased.
You will probably have noticed the rising mortgage rate in the Netherlands. A small relief is the mortgage interest deduction, a tax benefit for homeowners.
In this series, we give you a number of fiscal end-of-year tips. This blog is about the hours criterion for entrepreneurs in the Netherlands.
Royalties are payments you receive because somebody is using your work. You pay income tax and VAT on this. Read more about Dutch tax on royalties.
The 2023 tax plan will be announced on Budget Day. We will tell the predictions for Budget Day 2022 from a tax point of view.
Do you receive a gift from abroad? You do not always have to file a gift tax return. This has to do with the nationality of the donor and the relationship he or she has with the Netherlands.
The Dutch tax authorities will send the final tax assessment box 3 for 2021 from August 2022 based on the flat-rate savings option if this is more beneficial.
Due to a Dutch pension scheme for football players and the 30% ruling, the Netherlands is an attractive country for professional football players.
Which is more advantageous: dividend or salary as director of a Dutch BV/NV? If you have a high salary, paying dividends is most likely more beneficial.
Mixed expenses are not fully businesslike, but not entirely private either, which makes them partly deductible. We will give some examples of the limited deductible expenses.
If you live in the Netherlands but work and pay tax in Germany, you might pay more tax than in the Netherlands. You can compensate for this via the compensation scheme.
The Dutch government wants a stricter approach against false self-employment. There must be clearer rules about whether you are seen as an employee or a self-employed professional (zzp).
No capital gains tax before 2025. New box 3 taxation based on capital gains is planned for 2025. However, there is a big chance that this deadline will not be met.
Are you going to work abroad temporarily? Sometimes, you need an A1 certificate. Such a statement proves that you remain insured for social security in your home country.
Company bike as a fringe benefit in the Netherlands. The addition (7% per year) is added to the employee’s salary. For the employer, the VAT on the bicycle is deductible up to € 130.
The Dutch government plans to put a salary cap on the 30% ruling of €216,000 per year. The Spring Statement 2022 provides an overview of the current budget year and a preview of the plans for 2023.
Did you have a lot of personal deductible items, so that you could not fully settle these against your income? Then you have an amount left over. We call this a remaining personal allowance.
Sometimes you may deduct an amount from your income with a prescription diet (if it is on the diet list). For example, a gluten-free diet. In this case, you may deduct €950 from your taxable income.
Do you partly work outside the Netherlands? Check whether the 183-day rule applies. This determines whether the country of employment or residence may levy tax on the income.
When the 30% ruling expires, you no longer have a tax-free allowance, and you have to declare your worldwide income. View what changes in the tax return here.
Can’t make the deadline of your Dutch tax return, 2021? Don’t worry, we can extend your tax return deadline by one year via a special arrangement for tax advisors.
Taxation of US pension in the Netherlands. Avoid double taxation. There are different types of pensions in the United States. Here, you can read whether the pension is taxed in the US or the Netherlands.
The Dutch Supreme Court ruled on the objection procedure against box 3 tax. According to the ruling, only the actual return may be taxed. What will happen to the box 3 tax?
The jubelton, a tax-free gift of €106,671 to get help buying a house, is going to be significantly reduced as of 2023. From 2024, the jubelton will stop completely. Read more about the alternatives here.
If you buy a new-build home or renovate an existing one, you can finance this through your mortgage. The money will go into a construction deposit. Check the tax consequences here.
Carried interest is an extraordinary reward for work. This benefit is taxed in box 1, at the progressive rate. You may deduct a loss from your taxable income.
Are you going to invest in your Dutch business? Plan this well to get the most of the tax benefits for entrepreneurs in the Netherlands. We are happy to help!
File your 2021 income tax return in the Netherlands. Be aware of the 30% ruling and deductibles. We help both individuals & entrepreneurs with their Dutch tax returns.
Did you file an incorrect Dutch tax return in the past? You can rectify this with the voluntary disclosure scheme (inkeerregeling). We can help you with this.
NFTs (non-fungible tokens) are often seen as digital art, which is exempt from tax in the Netherlands. If this is the case for NFTs, has yet to be decided. Read more about its taxation here.
The yearly amount of ground lease (erfpacht) is tax deductible. If you decide to buy off the ground lease, only the interest on the loan you take out is deductible.
Read the most important tax changes of 2022 here. Think of changing tax rates, decrease of the self-employed deduction, study costs no longer deductible, etc.
When your company is worth more than its book value (e.g., through goodwill or reserves), you have to deal with discontinuation profit and pay income tax on this.
During your emigration out of or immigration to the Netherlands, a lot needs to be arranged. Think of determining your tax liability, income tax return & allowances. Read everything here.
Now that 2022 is in sight, it’s time for the end-of-year tax tips of 2021. In this list of fiscal tips, we help you save on both box 1 and box 3 tax. Read more in this article!
Starting your business in the Netherlands? Make sure to meet the conditions to stay here, choose the right legal form, and register with the KVK. We made a checklist to help you!
From 2022, study costs will no longer be deductible. The alternative is the STEP budget of a maximum of € 1,000 a year used for schooling. In this article, you can read more about the new regulation.
Choosing a legal form: one of the first decisions you have to make. Are you going for a sole proprietorship or a BV? Find out in this article which legal form suits your company best.
A question that is asked a lot: do you have to pay tax on the profit of your crypto? You have to declare the value of your crypto in box 3 (savings & investments). Read more about it in this blog.
Not everyone knows the benefits of the 30% ruling. Next to a tax-free allowance of 30% of the wage, you don’t have to pay tax over your box 2 and 3 income. Read all the benefits here.
In the Netherlands, you do not pay tax on your actual return, but a notional return is calculated on your box 3 capital. In this article, you can read more about the box 3 tax.
Your tax residency determines where you are taxed. However, this can lead to conflicts. Read more about your tax residency and preventing double taxation in this article.
Budget Day 2021. In this article, you can read the most important fiscal changes for the year 2022. Here, we list the announced tax plans for 2022.
Budget Day 2021 is coming again. In this article, you will find the predictions for Budget Day 2021, and you can read more about the tax changes for the year 2022.
Are you doubting to quit your job and start as a freelancer? View the pros and cons here. We help both individuals and self-employed people, feel free to contact us!
Did you extend your tax return deadline? Then, file your tax return before 1 September! We are happy to help you submit a correct tax return. Read more about it here.
Surplus value arises when the value of your house is higher than the remaining mortgage. Tax-wise, you should pay attention when spending this amount. In this article, we explain why.
How people look at the non-working spouse benefit (also known as the general tax credit) has changed over time. In this article, you can read why and how you can still claim the non-working spouse benefit.
The small business scheme (in Dutch: KOR) is an exemption from VAT, where you can qualify for if your turnover does not exceed € 20,000. Check whether the KOR is beneficial in your situation.
Holidays in our own country are becoming increasingly popular, so a holiday home in the Netherlands can be valuable. You pay tax on the holiday home: income tax, transfer tax, and property tax (OZB). Read this article for more.
You should avoid double taxation! You only have to pay tax on your income and assets once. So what about your income from abroad? We will explain that in this article.
As a self-employed person, you are responsible for paying income tax yourself. Therefore, it is wise to put some money aside every month. In this article, we explain how income tax works as a self-employed person.