The Dutch government has announced the extension of the COVID-19 support and recovery package until the third quarter of 2021. Further to the measures noted in the announcement, changes are also being made in relation to the interest rate relief for late payment, which was reduced from 4.0% to 0.01% until 31 December 2021. Instead of reverting immediately to 4.0% from 1 January 2022, the rate will be reverted gradually to 1.0% from 1 January 2022, 2.0% from 1 July 2022, 3.0% from 1 January 2023, and 4.0% from 1 January 2024.
Source Orbitax
Latest Posts in "Netherlands"
- Government Responds to Questions on VAT Increase Impact Analysis for Accommodation
- Heijnen Maintains VAT Increase on Accommodation Despite Predicted Revenue Loss
- VAT due to number acquisition not deductible due to participation in fraud
- Dutch Government Responds to Questions on Reduced VAT for Culture Media Sports
- Court Rules Sale-and-Leaseback Property Transfer Not Exempt from Transfer Tax
