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
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.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
This is the month of July, the month after the second quarter and in this month the second quarter value added tax (VAT) return needs to be filed and paid. This is of course a message for Dutch VAT entrepreneurs that have a quarterly filing obligation. We cannot stress too much how important it is for your relation with the Dutch tax office to meet the deadlines set by the tax office.Continue reading
In July the VAT return is to be filed by entrepreneurs for the value added tax. While the bookkeeping is processed, maybe the 2014 preliminary income tax assessment also needs to be updated? How does it work:Continue reading
After you successfully registered your business in Holland you start trading. Most trading or services are subject to VAT or sales tax. What does this imply?Continue reading
Starting a company in the Netherlands is not complex, but not meeting the deadlines of the tax office can make it complex being an entrepreneur.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
When you perform a service for a client, it can happen that you make costs that you charge to the client without VAT, because you have the opinion that it concern transit costs. But is that a correct assumption?Continue reading
Invoicing to a non EU client without VAT is different from invoicing turnover that is exempted from VAT. For the one you are regarded a VAT entrepreneur for the other you are not, what is the difference?Continue reading
Owning real estate in the Netherlands and providing the possibility for tourists to stay for a short while in the house and offer hotel services as a laundry service, then this is regarded Short stay.
Short stay is providing the above mentioned services if it takes longer than 5 nights with a maximum period of 6 months. If you provideContinue reading
