Standard VAT-rate in the Netherlands will increase from 19% to 21%
From 1 October 2012 on the standard VAT-rate of 21% will be applicable in the Netherlands. Goods delivered and services rendered after 30 September 2012 are taxed with 21% VAT.
Goods delivered and services rendered before 1 October 2012 are taxed with 19% VAT even if the transaction is invoiced after 30 September 2012.
Delivery of goods and rendering of services before 1 October 2012 which are invoiced before 1 October 2012 are initially taxed at 19%, but the additional 2% is due on 1 October 2012 even if this additional 2% is not invoiced to the client. You may invoice 21% before October 2012 if the goods are delivered or the services are rendered after 30 September 2012.
A transitional regime is accepted for certain transactions.
Last Updated on Tuesday, 04 September 2012 12:29