//Further delay on replacement of VAR – update

Further delay on replacement of VAR – update

Update previous NewsFlash on VAR

In our previous Newsflash we reported that the new law to replace the VAR is expected to come into force by 1 January 2017. This must be 1 April 2016 (target date). As of this date the VAR will no longer be valid.

However, an implementation period wil apply until 1 January 2017. Clients and contractors have until 1 January 2017 to adjust their practices and work with model agreements. In that case no additional assessments will be imposed until 1 January 2017.

By |2015-11-03T14:57:08+00:00November 3rd, 2015|tax + expat|