Leniency paying pension contributions
Pension providers offer leniency when paying pension contributions
Last updated: May 25th, 2020
Entrepreneurs who are in acute difficulties due to the corona crisis may be granted a deferral for the payment of pension contributions. The Stichting van de Arbeid and the umbrella organizations of pension providers, the Pension Federation and the Dutch Association of Insurers have agreed this. Pension funds for the hospitality, travel and retail sectors are already announcing concrete measures.
Accrual of pension rights continues
For the time being, this only concerns postponement of premium payment for companies with major problems. The accrual of employee pension rights will continue as usual, even if it is not paid for.
Publication date: March 29th, 2020
The TOGS (Tegemoetkoming Ondernemers Getroffen Sectoren), is one of the emergency measures by the Dutch government for entrepreneurs, previously known as the Emergency Counter (Noodloket). If you do business in one of these sectors, you can receive a one-off payment of € 4,000.
Do you expect a lower profit due to the corona outbreak? And do you now pay a provisional assessment for income tax or corporate tax? Then you can change your provisional assessment so that you immediately pay less tax. Reduce your estimated income for this.
Deferral of tax payments for entrepreneurs & reduction of tax interest
Entrepreneurs (including legal entities) may receive special deferral of payments for income tax, corporate tax, sales tax (BTW) and payroll tax. The conditions for applying for deferral of payment have been relaxed due to the corona crisis.
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