You can no longer apply for the old Small Businesses Scheme. If you do not want this, you must cancel your participation (in Dutch) with the cancellation form (in Dutch). Were you exempt from administrative obligations for the VAT on 31 December 2019? Then the Dutch Tax and Customs Administration has automatically signed you up for the small businesses scheme. You automatically take part in the KOR scheme. Application tresholdĭoes your turnover not exceed €1,800 per year, and you cannot register with the Dutch Chamber of Commerce? You are exempted from applying for this measure. Make sure you apply for it at least 4 weeks before the start of the next return period. You can apply for the small businesses scheme by completing the Dutch-language form Melding omzetbelasting kleineondernemersregeling. How to apply for the small businesses scheme You can find more information in Dutch with the Dutch Tax and Customs Administration ( Belastingdienst). For example if you plan to make investments in the near future. The small businesses scheme is not always financially beneficial. Does your turnover exceed €20,000? In that case you must notify the Tax and Customs Administration (in Dutch) immediately. If you take part in the KOR scheme, this is for at least 3 years. Your business is established in the NetherlandsĬheck if you are eligible for this scheme with the Dutch-language KOR tool. To estimate your turnover you can use the Dutch-language tool on the website of the Dutch Tax and Customs Administration. Your turnover is at most €20,000 per calendar year.If you want to take part in the KOR you must meet the conditions: legal persons (such as foundations, associations, and private limited partnerships ( bv’s).natural persons or partnerships of these (such as sole proprietors, professional partnership, or general partnership (VOF). The small businesses scheme KOR is a VAT exemption for: Who can apply for the small businesses scheme? This scheme applies to all activities in your company, also if you have different sub-numbers for VAT. You will have less administrative duties for the VAT. If you participate in the small businesses scheme you will not charge your customers VAT and you do not pay turnover tax (VAT) to the Dutch Tax and Customs Administration ( Belastingdienst).
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |