European ruling on mortgage interest deduction

European ruling on mortgage interest deduction
Changes in the small business facility: are you in or are you out?
KOR If your annual revenue is € 20,000 or less, you may want to consider making use of the small business facility (Dutch acronym: KOR). Under the facility, you will be exempt from VAT. That said, there are some drawbacks to the facility as well. Please contact your tax adviser to find out whether the facility would be the best option for you. With effect from 2020, the Dutch Tax and Customs Administration will look at your revenue to determine whether

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Optimising your salary
In the Netherlands, a director/majority shareholder (Dutch acronym: DGA) is usually paid a salary by their own company. This salary has been capped at: 75% of the pay of the most comparable position; or the highest salary paid to the other employees of the company or its affiliated entity; or € 45,000. We recommend that you check whether your salary is still tax-efficient. If you have received the same salary for some years, you should probably have it adjusted. In

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European ruling on mortgage interest deduction
Recently, the European Court of Justice issued a ruling for a case in which a Director/Main shareholder who was living abroad, was able to deduct some of his paid mortgage interest in the Netherlands. What does this mean for you?

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