No More Penalties for Voluntary Correction of VAT Returns in the Netherlands

• The Dutch Tax Authority will no longer impose fines for voluntarily correcting VAT returns.
• Previously, a penalty of 5% of the amount to be corrected, up to a maximum of €5,514, could be imposed.
• The conditions for imposing fines have been changed following a court ruling.
• A voluntary correction is only valid if it is submitted before the Tax Authority becomes aware of any errors.
• If a correction is made after the Tax Authority announces an audit, it will not be considered voluntary.
• The penalty provisions do not apply to the VAT compensation fund.
• Correcting VAT returns voluntarily is beneficial and avoids fines.

Source: efkbelastingadviseurs.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.

---

---