- Planned VAT increase on hotel stays and holiday parks may harm the Dutch economy more than benefit it
- Government aims to raise VAT rate from 9 to 21 percent starting in 2026
- Expected revenue of 1.2 billion euros is overestimated; actual increase may be only 285 million euros
- Profit tax may decrease by over 250 million euros due to hotel losses
- Impact on tourism includes a potential drop in foreign tourists, especially Germans and Belgians
- Domestic tourists may choose foreign destinations due to higher costs
- Negative effects on hospitality, museums, shops, car rentals, and agriculture
- Border provinces may see reduced tourist tax revenue and decreased property values
- Industry groups warn of up to 30 percent fewer overnight stays
- Concerns raised about Netherlands becoming too expensive compared to Germany and Belgium
- Hoteliers face challenges from high energy costs, wages, and inflation, risking more bankruptcies
Source: taxence.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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