What’s new?

As of January 1, 2015 EU Member States shall automatically exchange information regarding income from employment, director fees, life insurance products, pensions and income from immovable property with the EU Member States where taxpayers reside. This underlines the importance of being compliant in relation to cross border activities.

The direct deposit scheme to replace the G-account system will not be introduced. Instead, the existing G-account system will be made ‘future proof’.

Also under the work related costs scheme it is possible to provide employees with a fixed expense allowance. However, certain conditions need to be met, one of these being that the employer has performed a survey into the actual costs incurred. In practice, this means that the employees keep their [...]

Many people owe unexpected additional income tax for 2014. This is because last year the general tax credit and the employment tax credit became income related, while this was not yet fully taken into account in the wage tax tables for the payroll. This was especially true for special payments [...]

On 24 December 2014 the highest Dutch administrative court (Raad van State) decided that Japanese citizens are allowed to work in the Netherlands without the need for a work permit (TWV). Under the Treaty of Commerce and Navigation between Japan and the Netherlands Japanese nationals should be treated similar to [...]

In our earlier NewsFlash we informed you that it was proposed to replace the VAR (Notification re. self-employment) in 2015 with a BGL (Notification that no wage tax is due). However, the handling of the bill is postponed until further notice. Practically, this means that the VAR 2014 will still [...]