- Mandatory VAT Exemption: If approved by the Senate, the Fiscal Collection Act 2026 will implement a mandatory VAT exemption on various forms of debt assistance starting January 1, 2026, including services related to guardianship, administration, mentorship, and certain budget management activities.
- Implications for Service Providers: Providers exclusively offering exempt services can deregister from VAT returns with the Tax and Customs Administration. This requires submitting a letter indicating the change in their services, while transitioning from taxed to exempt services may necessitate adjusting previously deducted VAT.
- Mixed Service Providers: Those offering both VAT-exempt debt counseling and VAT-taxed services will still be required to file VAT returns, maintaining their compliance obligations under the new law.
Source Taxence
Latest Posts in "Netherlands"
- Senate accepts bill to retain reduced VAT rate on culture, media and sports
- VAT on residential rent by foreign temporary workers not deductible
- Dutch Court Rules Outsourced Payment Processing Qualifies for VAT Exemption
- No Reduced VAT Rate for Head Spa Treatments at Hairdressers, Dutch Tax Group Rules
- Netherlands Plans Mandatory Peppol-Based B2B E-Invoicing Regime by July 2030
