Deduction of pension premiums in your income tax return

Deduction of pension premiums in your income tax return

Accruing your own (additional) pension In some situations it is necessary or sensible to build up additional pension yourself. How can you supplement your pension income yourself, and what are the tax benefits? In which situations is it wise to build up (extra) pension yourself? As a self-employed person or contractor you do not accrue…

E-commerce and services in the EU: see what changes for VAT from 1 July 2021
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E-commerce and services in the EU: see what changes for VAT from 1 July 2021

Do you supply goods in the EU to customers who do not declare VAT? If so, as of July 1, 2021, you must usually declare that VAT in the EU country where you deliver. For these supplies, you can start using the so-called one-stop shop system. Also if you deliver services in the EU.

Tax-free continuation of the fixed (travel) expense allowance for working from home during the corona crisis expires in 2021

Tax-free continuation of the fixed (travel) expense allowance for working from home during the corona crisis expires in 2021

Many employees receive a fixed (travel) expense allowance from their employer every month. As a result of the current Corona measures, employees have to work from home as much as possible, which could have consequences for this reimbursement. Temporary approval: costs can remain untaxed To prevent this from happening, Secretary of State Vijlbrief of Finance…

Consequences for the tax and social security position of an expat as a result of the corona measures

Consequences for the tax and social security position of an expat as a result of the corona measures

As a result of the corona measures, many expats have to take into account the possibility that another country will levy tax on their wages than expected. In principle, however, the situation does not change for social security. Cross-border work In cases of cross-border work, there are often two or sometimes even more countries that…

Can an employer ask employees to accept a wage sacrifice due to the corona crisis?

Can an employer ask employees to accept a wage sacrifice due to the corona crisis?

Unilateral changes to wages of employees are subject to very strict rules A company which faces setbacks and gets into financial trouble will look for measures that can make the company financially healthy again. A wage sacrifice by employees can be such a measure. However, if employees do not wish to participate in this, a…