- The Dutch government plans to raise VAT on flowers and plants from 9% to 21%.
- Industry groups warn the higher VAT would sharply reduce florist incomes, with about half of florists potentially falling below minimum wage.
- A study by Decisio and Wageningen University estimates economic damage from the VAT increase could reach €830 million.
- The sector expects the tax hike to eliminate roughly 2,280 to 2,820 jobs across the supply chain.
Source: taxlive.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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