SAS News

Last night, the Dutch State Secretary of Finance informed Dutch Parliament that transitionary rules will be introduced for those employees whose 30%-ruling would prematurely end in 2019 or 2020 as a result of the earlier announced reduction of the maximum term of the 30%-ruling to 5 years.

The tax plan makes it a lot more attractive to make a bicycle (electric or otherwise) available to your staff. In 2020 a fixed addition will be introduced, as is the case already for lease cars.

From 1 January 2019 the low VAT rate of 6% will increase to 9%. We recommend that you take this into account when preparing quotations for 2019 and in the set up of your financial accounting for 2019.

In our newsletter you will probably have already seen that the Tax Plan 2019 states that the 30% facility will be cut from eight to five years. No transition arrangements for this have as yet been made. This means that those whose 30% facility which began before 1 January 2014 will lose it from 1 January 2019. 

The tax plan provides more clarity about how the rates for income tax and corporation tax will change. This provides a good basis for income planning. Here are some possibilities to consider.