If you have a business in the Netherlands and employ no more than 250 workers (you have an SME), you may be eligible for a guarantee for part of a loan through the SME credit guarantee scheme (BMKB). The Ministry of Economic Affairs and Climate Policy stands as guarantor. This…
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The Business loan guarantee scheme (Garantie Ondernemingsfinanciering, GO) makes it easier for large and medium-sized companies in the Netherlands to borrow substantial amounts of money. Capital providers receive a 50% guarantee from the government. The term for the Business loan guarantee scheme (in Dutch) is maximum 8 years. Corona crisis: temporary extension…
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The Dutch Tax and Customs Administration has implemented a number of measures to help businesses and employers with payment difficulties due to the corona crisis, and to avoid extra costs. This page lists measures for businesses in general and employers in particular, and gives information on the Customs measures for…
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Payment extension for several taxes You can apply for a payment extension of 3 months for all your income tax, corporate tax, payroll tax, and turnover tax (VAT) assessements at once, by filling out an online form (in Dutch). You need a DigiD for this, but if you don’t have one, you…
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No tax on reimbursement for face masks As of 1 June, face masks are mandatory in public transport. If you reimburse your employees for the costs of these face masks, you may do so free of tax. Measures to ensure low unemployment benefit premiums The Tax Administration has extended the…
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Tax payment extension at the Dutch Tax and Customs Administration To help entrepreneurs, the Dutch Tax and Customs Administration (Belastingdienst) has relaxed the options for payment extensions. Businesses can apply for tax payment extensions until 1 October, including the taxes they were already granted a 3 month extension for. You…
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We know there’s been a flood of information and updates about the government’s economic impact payments, or so-called stimulus checks, lately. But quickly and safely moving massive amounts of money into the hands of those who need it is a big job with a lot of moving parts. We also…
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Fraud Perpetrators are taking advantage of fears surrounding the Coronavirus. Here are some tips to help you keep the fraud perpetrators at bay: Hang up on robocalls. Don’t press any numbers. Fraud Perpetrators are using illegal robocalls to pitch everything from scam Coronavirus treatments to work-at-home schemes. The recording might say…
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Fraud Perpetrators are taking advantage of fears surrounding the Coronavirus. Those scammers are setting up websites to sell bogus products, and using fake emails, texts, and social media posts as a ruse to take your money and get your personal information. The emails and posts may be promoting awareness and…
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Fraud Perpetrators are adapting existing technology to play on people’s fears around corona-virus. Some examples of COVID-19 scams include: Treatment scams: Fraud Perpetrators are offering to sell fake cures, vaccines, and advice on unproven treatments for COVID-19 Supply scams: Fraud Perpetrators are creating fake shops, websites, social media accounts, and email addresses…
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