News
Maximum amounts of volunteer scheme increased
The maximum amounts for tax-free allowances and benefits in kind paid to volunteers have been indexed for the past few years.…
Adjustments to the carry-forward of losses for corporation tax purposes
The rules governing the set-off of losses for corporation tax purposes have been amended. The good news is…
Extension of the support and recovery package for the coronavirus crisis
In a letter to Parliament, the outgoing Cabinet has outlined the expansion that had already been announced at the end of last year…
Box 3 assets: assets held by minor children are taken into account!
Children cost money, even if they have money of their own. When it comes to filing an income tax return, their savings must…
Apply for TVL by 29 January 2021 at the latest
The SME Fixed Costs Allowance (TVL) scheme is designed to support businesses affected by the coronavirus crisis…
Income tax return 2020
A new year means we’re once again gearing up for a new tax return campaign. VIA…
Rent reduction due to the coronavirus crisis?
Can the tenant ask for a reduction in the agreed rent? They are, of course, free to ask. But must they…
Compensation for the transition payment in the event of retirement or death
In most cases, the employer must pay a transition allowance to employees who are made redundant.…
A gift, but on paper
With a view to saving on inheritance tax at a later date, parents choose to…
Gift tax return (updated as at 1 January 2022)
This note is also available in PDF format. Gift tax is what is known as an assessment-based tax. This means…
Another pay rise for the director and major shareholder
As was the case last year, the salary of the director and majority shareholder (DGA) as at 1 January 2021 is…
Hello 2021
On the first working day of the new year, VWG wishes everyone all the very best for 2021,…
Salary or dividend?
A director and major shareholder (DGA) may withdraw funds from their private limited company in the form of a salary and…
Deferral of payment in the event of (imminent) bankruptcy
Assuming that we manage to emerge from the coronavirus crisis in 2021, many…
First rulings handed down in cases concerning TOGS and TVL
The Trade and Industry Appeals Tribunal (CBp) has handed down a number of rulings in proceedings…
Payment arrangements also apply to pre-coronavirus debts
Questions and answers published on the Tax Service Providers’ Forum (run by the Tax and Customs Administration) show that…