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.