The article discusses changes to the Small Businesses Scheme (KOR) in the Netherlands, which allows small businesses to be exempt from VAT. As of January 1, 2025, the threshold for eligibility will be increased to €30,000 in turnover. This change aims to simplify the tax system for small businesses and reduce administrative burdens.
Source: crop.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.
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