- The Dutch government has proposed expanding the VAT revision rules to include certain investment services related to real estate, such as renovations, starting in 2026. This aims to prevent tax-saving strategies where VAT on renovation costs is fully reclaimed, even when the property is later rented VAT-exempt. The proposal affects organizations like healthcare, education, housing corporations, and cultural institutions. The revision will apply to services with multi-year use and a value above a threshold, tentatively set at €30,000, with a revision period of five years. The changes will require adjustments in VAT claims based on the actual use of the service.
Source: fiscaalvanmorgen.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.
Latest Posts in "Netherlands"
- Gym Owner’s VAT Assessment and Penalty Upheld by Court
- Dutch VAT Deduction Decision Updated for Investment Services and Homeowners Associations
- VAT Deduction Decree Updated for Investment Services and VvE Members
- Non-received pledge loan fee not part of purchase price under margin scheme
- Netherlands Updates VAT Deduction Decree: Adjustment for Investment Services and Broader Approval for Members of Owners’ Associations
