News
Employment-related Investment Allowance (update 31 May 2021)
In a letter dated 28 May 2021, the State Secretary for Finance stated…
Small Business Scheme: check before 3 December
The Tax and Customs Administration has launched a campaign across various media to draw the attention of VAT-registered businesses to the…
Transferring your business to a private limited company?
If your sole trader business, partnership or general partnership is making a healthy profit, it may be advantageous from a tax perspective to…
Salary for directors/major shareholders reduced in 2020: PLEASE NOTE
In May, we wrote a factsheet about the options for the wages of a…
Your own home in 2021
The tax plans for 2021 do not include any changes to the rules on the owner-occupied home. However…
Concurrence of payroll tax and income tax where there are multiple pensions
For many older people, the amount of payroll tax deducted is much lower than the income tax due. What is…
Digital deferral portal reopens
With effect from today (4 November 2020), the Tax and Customs Administration is reopening the digital portal for…
Turnover still down: NOW 3.0 and TVL 2.0
Have you once again been forced to close your business, or is the situation still…
Should you still invest in 2020?
If, as an entrepreneur, you have plans to invest, you can fulfil this obligation by…
Company car for a German employee
How should you proceed with regard to VAT when you are supplying to a…
Additional support measures relating to the partial lockdown
In a letter to Parliament, the Government announces the amendments, which, in connection with…
Will a dividend be paid out in 2020?
Paying out a dividend before the end of 2020 could be an attractive option. The tax rate applicable to income from a substantial interest…
End-of-year tips for 2020
The end of 2020 is drawing near. So it’s time for our traditional end-of-year tips. We’ve put together…
Current account withdrawals subject to tax
A director and major shareholder (DGA) has, for many years, derived income solely from his own home, but does, however, regularly…
Subsidy scheme for electric passenger cars amended
In our article ‘Buying an electric car with a subsidy from 1 July’, we describe the new…
Fixed (travel) expense allowances after 31 December 2021
In the latest version of the Decree on Emergency Measures relating to the coronavirus crisis, the Ministry of Finance has set an expiry date for…