VAT compliance and reporting rules in The Netherlands 2023 Below is summary of the major rules provided under Dutch VAT rules (VAT Law of 1968 and VAT implementing regulation), plus adoption of EU VAT Directive provisions. Check our country VAT guides for other jurisdictions. Our VAT
€25,000 threshold limit backed by European Commission until December 2024; but threshold remains €20,000 The European Commission has proposed to allow the Netherlands to raise its VAT registration threshold to €25,000. This applies only to resident businesses; non-residents generally must register once they provide their first
July VAT cut to follow excise duties cut proposal as May inflation hits 8.8%; energy inflation 105% Proposals to cut VAT on electricity from 21% to 9% between 1 July until 31 December 2022 have now been approved by both houses of the Dutch Parliament.
July VAT cut to follow excise duties cut as energy inflation hits 77% in February The Dutch Cabinet has approved a petrol excise duties cut on fuel from 1 July 2022. It will also cut VAT on energy (natural gas, electricity and district heating) from
Acquisitions thresholds hiked; new IDEP+ filing portal The Netherlands has updated its 2022 Intrastat reporting thresholds as follows: Acquisitions: raised from €800,000 to €5m per annum Dispatches: no change on 2022 at €1m per annum There are no detailed Intrastat thresholds for the Netherlands. The
VAT subsidies withdrawn as pandemic eases The Netherlands has reaffirmed that many coronavirus pandemic support reliefs will be withdrawn on 1 October 2021. To receive our free global VAT and GST news updates, sign-up here. This includes: The ending of the VAT payment deferral option Zero-rating
The Netherlands is to apply a retrospective Value Added Tax registration threshold of €20,000 per annum. This will apply from 1 January 2020 based on the Decree No. 2021-12740 issues in June 2021. Check EU VAT registration thresholds via VAT Calc’s live tracker. Previously, the VAT
Companies able to join VAT groups in the Netherlands may be able to enjoy better recovery position. VAT groups enable related businesses to combine Dutch VAT inputs and outputs under a single VAT reporting number. If the companies are trading together, this can reduce the amount of
Netherlands hit by financial and Euro crisis; forces VAT rise The Netherlands has raised its standard Value Added Tax rate from 19% to 21% from 1 October 2012. The comes as the country attempts to control its budget deficit and market confidence in the midst
