Having a Dutch limited liability company known as BV company does not imply this BV company is always regarded a Dutch resident company. Under what circumstances is the BV not regarded a tax resident and how can this be solved?Continue reading
In case you would like to issue a credit invoice to a client, please note that strict rules have been set for credit invoices.Continue reading
The reverse charge rule within the European Union with respect to VAT implies that you can sell for instance goods from one VAT entrepreneur to another EU VAT entrepreneur at 0% VAT, but can this also be done within one EU country?Continue reading
The Value Added Tax pan European legislation is a rather rigid legislation. It is this rigid that the Dutch tax office has the opinion that when no supplementation return is filed for a number of years by a VAT entrepreneur, the bookkeeping is most likely incorrect, as the tax office expects mistakes are being made that need to be corrected. What can go wrong?Continue reading
When you are the entrepreneur driving the company car, then a percentage of the value of the company car is added to your income. Via this method the advantage of the use of a company car is taxed. Are you aware that besides this an amount of VAT is due?Continue reading
The VAT system will change for electronic services provided to private individuals in the European Union (EU). Products such as Itunes, apple software, apps, Vodafone, Orange, T Mobile and all other phone services, downloading films, music, e-learning are regarded electronic services. How does the registration procedure start?Continue reading
The VAT system will change for electronic services provided to private individuals in the European Union (EU). Products such as Itunes, apple software, apps, Vodafone, Orange, T Mobile and all other phone services, downloading films, music, e-learning are regarded electronic services. How does the registration procedure start?Continue reading
The VAT system will change for electronic services provided to private individuals in the European Union (EU). Products such as Itunes, apple software, apps, Vodafone, Orange, T Mobile and all other phone services, downloading films, music, e-learning are regarded electronic services. How does the registration procedure start?Continue reading
Invoice requirements are stated in the VAT legislation and very important for an entrepreneur to take into account. Among these requirements is the correct mentioning of the VAT amount. Have you mentioned the VAT amount correctly in your invoice?Continue reading
In case you are regarded a small entrepreneur in the VAT, you do not actually need to pay the (full) amount of VAT. When are you regarded a small entrepreneur and how to apply for this discount? Read more about the KOR small entrepreneurs.Continue reading
It is the month of October, the month in which the third quarter VAT return needs to be filed or in case of a monthly filing the September VAT return. A very important aspect of the VAT accounting are the contains of the invoices, not only the invoice the entrepreneur obtains when something is purchased, but also the invoices issued.Continue reading
In the event you are a Dutch Value Added Tax (hereafter referred to as VAT) entrepreneur, you can reclaim the Dutch paid VAT on purchases that can be considered a business cost or a business investment. But what happens if you make purchases outside the Netherlands, what happens with the paid VAT/sales tax then?Continue reading
