Latest news is that the Dutch Cabinet is sticking to the proposed VAT increases in the budget for 2025. The VAT increase includes the removal of the reduced VAT rate of 9% from hotels, books, sports events, festivals and the gym, and make these subject to the standard VAT rate of 21%. The changes should yield 2.2 billion euros for the treasury. Despite protests from society, the Dutch Cabinet seems to stick to the proposed changes. Expactation is that these changes are formally pblished on ‘Prinsjesdag’, which is Tuesday, 17 September 2024.
Source: Fiscaal Vanmorgen
