Businesses that purchase goods and services of a consumptive nature, such as business gifts and staff benefits, may not be able to recover the input VAT incurred or may need to correct input VAT recovery for private use in the last Dutch VAT return of the financial year. Year-end revisions may also need to be processed in this return if the use of goods and services purchased has changed for VAT purposes during the financial year. For many businesses, the last Dutch VAT return of the financial year is the 2022Q4 or the December 2022 Dutch VAT return, both due by the end of January 2023.
Source: twobirds.com
