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COVID-19: Netherlands Announces Extra Tax Help For Small Businesses

by Ulrika Lomas, Tax-News.com, Brussels

15 April 2020


On April 2, 2020, the Dutch Ministry of Finance announced that the rules for requesting tax payment deferrals have been simplified and extended to cover additional taxes.

The ministry said that small businesses and the self-employed can apply for a three-month tax deferral by submitting a simple online form. This postponement applies not only to existing tax debts, but also to those that arise during the three-month deferral period.

The Government had previously announced that taxpayers would be able to request a three-month deferral of personal and corporate income taxes, payroll tax, and value-added tax. However, the measure has now been extended to gambling tax, excise duty, consumption tax for alcohol-free drinks, insurance tax, the landlord levy, and energy tax and other environmental taxes. This measure also applies to equivalent taxes in the Dutch territories in the Caribbean.

The ministry said that this policy will remain in place until June 19, 2020.

Taxpayers may also be able to request an additional three-month tax payment extension by submitting a request to the tax authority in writing. Taxpayers with tax debt up to EUR20,000 (USD21,600) will be required to provide documentary evidence of a substantial fall in turnover or orders to qualify for the additional three-month deferral. Taxpayers with tax debts in excess of EUR20,000 will be required to submit a statement from their accountant or industry association.

TAGS: environment | Finance | tax | small business | business | value added tax (VAT) | Netherlands | energy | gambling tax | insurance | entrepreneurs | insurance tax | environmental tax | payroll | excise duty | tax authority | gambling | self-employment | transfer pricing | Tax | BEPS

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