The  EU and the United Kingdom have finally reached agreement on a Free Trade and Cooperation Agreement (TCA). However, it should be noted that the UK has left the EU and therefore is no longer part of the EU single market and customs union and...

Update December 14th 2020 - On 9 December 2020, the Ministry of Economic Affairs and Climate announced adjustments to the economic support and recovery package. These adjustments mean that under NOW 3.0 the previously proposed reductions will be...

Update 14 december 2020 - We earlier reported on the extension of the special deferral for tax payments as a result of the corona crisis. You can read about that here. The option to apply for an extended deferral was later extended.

The TVL is an allowance for fixed costs for companies that are economically affected by the corona crisis. After an initial compensation period (June to September 2020) for companies in a limited number of industries, the TVL has been extended,...

The extended deadlines for reporting under DAC6 are approaching. There is limited time left to form conclusions on the cross-border arrangements and disclose any reportable arrangements to the relevant tax authorities. 

As the end of the year is approaching we have listed a number of important focus areas and changes for 2021 for the employer. The following topics are discussed in this newsletter: 

On Sunday 27 September 2020, the legal obligation to register UBOs (Ultimate Beneficial Owners) with the Chamber of Commerce (CoC) came into effect. As from this date, newly established entities must also register their UBO(s) by using a ‘UBO form’...

This Budget Day Special outlines important proposals in the 2021 Tax Plan and additional legislative proposals. This special is divided into the following topics: