The State Secretary of Finance has issued a decision stating that the deduction of personal contributions for personnel benefits, business gifts, or other gifts from total expenses when calculating the BUA threshold amount is no longer allowed. This decision will take effect on October 17, 2023, and will expire on January 1, 2024.
Source
Latest Posts in "Netherlands"
- Thrift Shops Return to Court to Challenge VAT on Second-Hand Goods
- E-invoicing and Digital Reporting for Cross-border Transactions Starting July 2030
- Amendment to VAT Assessment Decision on Tank Cards and Interest Charges
- Thrift Shops Return to Court Over VAT Collection Dispute
- Customs Court Rules Doctor Role Play Set as Toys, Not Clothing