VAT Reporting update 17.12.1

January 13th, 2018

Overview This release is a maintenance release of the VAT Reporting application for December 2017. It includes new reports for 2017 yearly filings and changes for 2018 and bug fixes. Main changes in Reports The following countries have been released for 2018: CY, LV, NL, SI, CZ, GR (GREZ), FI, AT, DE, EE, HU, LU, …


Dutch cut labour taxes via VAT rise

October 24th, 2017

The Netherlands has announced a reduced VAT rate rise from 6% to 9% to pay for income tax rate cuts and band simplifications. The number of income tax bands will be reduced from 4 to 2, and the rates combined to benefit over half a million income tax payers.  The reduced VAT rate rise will …


Netherlands reduced VAT rise to 9%

October 10th, 2017

The new Dutch government has proposed increasing the reduced VAT rate from 6% to 9%.  The reduced VAT rate applies to basic foodstuffs, books, hair dresser services, swimming pool entrance, medicines, art, antiques, entry to museums, zoos, theatres and sports and a variety of other services. The likely implementation date is 1 January 2019. Prime Minister Mark …


Netherlands cuts EC Sales List quarterly threshold 2016

October 25th, 2015

The Dutch tax authorities are to cut the threshold for quarterly filings of EC Sales Listing (Recapitulative Statements) on 1 January 2016 from €100,000 to €50,000 EC Sales Listing The EU VAT Directive requires VAT registered businesses to complete monthly recapitulative statements detailing intra-community supplies of goods or services to EU VAT registered business. EU member …


Netherlands withdraws reduced VAT on repairs of housing

April 9th, 2015

The Dutch Ministry of Finance is to recategorise the renovation or repair of housing from 1 July 2015 from the reduced Dutch VAT rate of 6% to the standard VAT rate of 21%. This tax break, only available to building over 2 years old was introduced at the height of the financial crisis in 2009 …


Netherlands told by IMF to implement single VAT rate

December 26th, 2014

The Dutch VAT rates have come in for criticism from the International Monetary Fund (IMF). It has recommended that the Netherlands merge the current standard VAT rate of 21% with the reduce VAT rate of 6%. The suggestion is aimed at reducing the administrative burden on maintaining two rates, but also to eliminating the distortions …


Dutch Intrastat

December 10th, 2014

In addition to VAT returns, foreign companies trading in Netherlands may be required to complete statistical reports, ‘Intrastat’, on the movement of goods across the national borders.  This can include both sales to other companies, but also the movement of goods by the same company. Under what circumstances do Dutch Intrastat reports have to be …


Dutch EC Sales Lists (ESL)

December 10th, 2014

If a Dutch VAT registered business, resident or non-resident, is selling goods or services to other VAT registered companies in Europe, then an EC Sales List (ESL) return (Opgaaf ICP) may be required.  These may also be known as recapitulative statements.  This is in addition to the regular Dutch VAT return or Dutch Intrastat.