31 March is an important date for a number of tax-related matters. You still have just over half a month to take any necessary action – or arrange for it to be taken – before this deadline expires.
Ruisend BV
You can transfer your business to a private limited company (BV) with retroactive effect from 1 January 2017. The preliminary agreement or letter of intent must then be registered with the Tax and Customs Administration by 31 March 2017 at the latest.
A quiet entry into the private limited company
Would you like to join the private limited company quietly, with effect from 1 January 2017? If so, you have a little more time. The preliminary agreement or letter of intent must then be registered by 30 September 2017 at the latest.
The BV from
If the BV is no longer the ideal tax structure for you, you can simply opt out of it. Provided the conditions are met, this can also be done without any tax implications. The maximum retroactive period is 9 months. You can also safeguard this deadline by drawing up a preliminary agreement or a letter of intent. Alternatively, you must submit your application to the tax authorities within 9 months to make use of this scheme.
Consultant
A private limited company (or not)? With or without fanfare? Winding up a private limited company? You can read about this in the articles we link to at the bottom of this piece. Or get in touch with our consultants. They can also provide you with information on the conditions, not described in this article, which the tax authorities impose on the schemes mentioned.
Registration
You must register the preliminary agreement or letter of intent by sending it by registered post to the Tax and Customs Administration in Heerlen before the deadline. The document must be accompanied by a referral form. The address of the Tax and Customs Administration in Heerlen can be found on the form.
PLEASE NOTE: you must be able to prove that the items were sent correctly before the deadline.
The dates mentioned in this article are based on the assumption that your financial year coincides with the calendar year. If your financial year is split, different deadlines will apply to you.
Corporate tax unit
In the case of a corporate tax group, corporation tax is levied as if there were only one taxpayer: the parent company. This offers some interesting opportunities. However, there are also disadvantages.
If you apply for tax unity by 31 March 2017 at the latest, it can take effect from 1 January 2017. It is not possible to dissolve a tax unity with retroactive effect.
VAT top-up
You must not wait until 31 March 2017 to submit your VAT supplementary return. After all, the law requires you to correct any inaccuracies in your VAT returns without delay. However, submitting a supplementary VAT return before 1 April does have its advantages. You can read more about this in our article Supplementary VAT return by 1 April.