Entrepreneurs fear potential VAT increase in the Netherlands, impacting recovering sectors like hospitality and retail.

• Entrepreneurs in the Netherlands are concerned about a possible increase in the VAT rate to 21.4 percent
• Sectors such as hospitality, retail, and tourism would be particularly affected
• The increase in VAT would impact prices of daily products like food, clothing, and gasoline
• Sectors still recovering from difficult times would be most affected by the VAT increase
• The border region and gas stations are also worried about the potential VAT increase
• Entrepreneurs feel that the government is not taking them seriously with the VAT increase
• The government is urged to find alternative ways to achieve budget goals without burdening entrepreneurs further

Source: accountancyvanmorgen.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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