- The Dutch government has published a decision in the Staatscourant regarding the calculation method for the BUA threshold amount.
- This decision ends the interpretation that the own contribution for personnel provisions, gifts, or other donations can be deducted from the total expenses when calculating whether the BUA threshold amount is exceeded.
- The calculation method for determining whether the BUA threshold amount of €227 is exceeded is stated in Article 4, paragraph 1, BUA.
- The website of the Tax Authorities previously stated that the amount of a payable own contribution for personnel provisions, gifts, or other donations can be deducted from the total expenses that are tested against the threshold amount. However, this deduction is not provided for in Article 4, paragraph 1, BUA.
- The interpretation on the Tax Authorities’ website will therefore be terminated as of January 1, 2024.
- The decision came into effect on October 17, 2023, and will expire on January 1, 2024.
Source: futd.nl
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
