Companies experiencing payment difficulties may apply for special deferral of payment of VAT.
To accommodate entrepreneurs, in the coming period the Tax Administration will waive or reverse default penalties for failure to pay, or to timely pay VAT. For the time being, the government has not announced any other measures, such as granting a postponement for filing returns or EC Sales Listings (VAT), paying refunds more quickly or – temporarily – lowering tax rates.
Source: Deloitte
Latest Posts in "Netherlands"
- Negative Annual Balance Dispute in VAT Margin Scheme for Youngtimer Cars and Watches
- €10,000 Fine for Late and Incorrect VAT Returns
- Interim use of horse does not preclude the application of zero rate for export
- Limburg Worries About Higher VAT on Flowers and Plants
- Zero-Rate VAT Applies to Horse Export Despite Interim EU Competition Use
