- Release of Implementation Roadmap: The Dutch Ministry of Finance has unveiled a comprehensive roadmap for the EU’s “VAT in the Digital Age” (ViDA) initiative, detailing a four-phase approach to prepare the Netherlands for new cross-border B2B e-invoicing and digital reporting obligations set to begin on July 1, 2030.
- Four-Phase Approach: The implementation will unfold over four phases: Phase 1 involves policy research and stakeholder consultations until 2028; Phase 2 focuses on establishing the legislative framework by the end of 2028; Phase 3 encompasses technical development from 2028 to 2030 for businesses to adapt their systems; and Phase 4 marks the official enforcement of ViDA obligations starting July 1, 2030.
- Support for SMEs and Alignment with EU Standards: This staged transition aims to provide ample time for companies, particularly small and medium-sized enterprises (SMEs), to adjust to the new requirements while ensuring that national implementations are in line with EU standards for efficient near real-time VAT reporting.
Source Comarch
Click on the logo to visit the website
Netherlands Reveals Four-Phase Plan for EU ViDA Implementation by 2030 Deadline
- The Dutch Ministry of Finance has a four-phase plan for implementing the EU’s ViDA package.
- The plan includes cross-border B2B e-invoicing and digital reporting requirements.
- The strategy involves policy research, legislation, technical development, and full rollout.
- The first phase focuses on policy research and stakeholder consultation until 2028.
- The second phase will establish the legislative framework by 2028.
- Technical development will occur from 2028 to 2030.
- The final stage starts on 1 July 2030, when ViDA requirements will be fully applied.
- The transition is spread over several years to help companies, especially SMEs, adapt.
- The plan aligns the national framework with EU standards for real-time VAT reporting.
Source: snitechnology.net
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"
- Guide to Netherlands Article 23 VAT Deferment: Benefits, Application, and Compliance for Online Sellers
- No VAT Deduction for Luxury Apartment Purchase: Business Use Not Proven, Court Rules
- Rental of Workroom by Silent Partnership: Entrepreneurship Confirmed, VAT Deduction Denied Due to Private Use
- Court Overturns Tax Office Decision on VAT Deduction for Healthcare Complex Development
- Netherlands Prepares for 2030 VAT Reforms: E-Invoicing, Platform Economy and SME Considerations