There have been several warnings in the past few years to the effect that borrowing from your own private company would be curtailed. In the government’s eyes, many directors and major shareholders are using their companies as their own personal piggy bank. While these plans are not part of the Budget Day proposals, we nevertheless would like to highlight the subject here.Read more
Companies that are part of a multinational group of affiliated companies are required to maintain transfer pricing documentation. Important documentation to have in order, especially now that the Tax and Customs Administration is intensifying its supervision. Yet many entrepreneurs still overlook it. That is why Marlon Klijnhout, accon■avm tax adviser, is happy to inform you in this blog about the importance of transfer pricing and the situations in which you must be extra alert.Read more
A lot is going on in the world today. The war in Ukraine has a great deal of impact. But developments triggered by the European Commission and the OECD are also making their presence felt in the market. No entrepreneur will be unaffected. And cross-border businesses will definitely feel the changes. Your Accon International adviser will continue to support you whatever the circumstances. Your international business remains our top priority.Read more
After the March 2021 national elections, the Netherlands had to wait a long time until a new government was formed. Finally, negotiations in early 2022 resulted in a four-party coalition led by (again) Mark Rutte. What plans have the ruling parties made together? And what do they entail for you as a cross-border business operating in the Netherlands? Below we will explain some of the developments of Dutch government policy.Read more
If your organisation received COVID support under Dutch government schemes such as the Reimbursement of Fixed Costs (TVL) scheme or the Temporary Emergency Bridging Measure for Sustained Employment (NOW) or if you were granted a special payment holiday, you need to make sure that you meet the upcoming deadlines for the final settlement of the grants and/or for resumption of your tax payment obligations. We would be happy to tell you about all the ins and outs. Read more
If you are a (indirect) shareholder in a Dutch company or if you effectively control a Dutch organisation, your name may have to be entered in the UBO Register. What does this mean and how will this affect you?Read more
Consequences for cross-border businesses At the end of May, the Dutch government announced that it would extend its COVID support package for businesses by another three months. At the same time, we are seeing that the economy is picking up. The virus containment measures are expected to be phased out in the autumn. What does this mean for your business?Read more
The grant awarded under the Reimbursement of Fixed Costs scheme (Dutch acronym: TVL) will be increased again. The grant will be raised to 100% of fixed costs for the second quarter of 2021. Find out whether you are eligible and what to look out for.Read more
As long as the COVID-19 pandemic persists, businesses will need government support. The Temporary Emergency Bridging Measure for Sustained Employment (Dutch acronym: NOW) is meant to compensate employers in the Netherlands for the wage costs they incur. Read on to find out what to look out for if you are interested in applying for a NOW grant in 2021.Read more
The Dutch government introduced a tax credit for investments in job creation (Dutch acronym: BIK) on 1 January 2021. This tax credit is designed to encourage companies to invest in times of crisis. The tax credit will be available until 31 December 2022.Read more