An accurate financial administration provides you with the information you need to take the right decisions. The big advantage of a digital financial administration is that it provides insight into your most important financial processes at any time, whether this is the invoices, salary payments or bank changes.
You want to take the right decisions, based on trustworthy and clear management information. You want to have access to all your financial data, 24/7, in order to determine your position and be able to adjust where necessary.
Outsourced compliance services comprises the total financial compliance of your business, in accounting, financial reporting, payroll, legal and various tax reporting obligations. We can make sure you don’t have to worry.
403 exemptionApplying the Dutch 403 exemption: think before you act!
|4 min read|26 Jul 2023
Is your organization utilizing the Dutch 'group exemption' to prepare a condensed financial statement, allowing for exemption from external audit and the requirement to file with the Chamber of Commerce? Please thoroughly assess and weigh the benefits of these exemptions against potential risks. It's essential to be mindful of the instances where incorrect use of this process has been observed in practice.
Finding a suitable match at the most optimum terms. That, in a nutshell, aptly describes the objective of mergers and acquisitions. To most businesses mergers or acquisitions are not standard daily practice. It is, however, for the professionals at Grant Thornton! Seeking their services will add value instantly.
What should I be doing first if my data has been kidnapped? Have I taken the right precautions for protecting my data or am I putting too much effort into just one of the risks? And how do I quickly detect intruders on my network? Good questions! We help you to answer these questions.
Building sustainability and social impact. That sounds good. But how do you go about it in the complex world of stakeholders, regulations and frameworks and changing demands from clients and society? How do you deal with important issues such as climate change and biodiversity loss?
What will the net proceeds be after the sale? How do I optimise the selling price of my business or the price of one of my business activities? How do I capitalise on synergies following an acquisition? Am I not offering too much? These are all good questions when you’re buying or selling a business. It’s a transaction that concerns significant amounts, impacts your future, and therefore must be executed properly. We provide a solid foundation for your decisions.
You are answerable to others, such as shareholders and other stakeholders, with regard to your financial affairs. Financial information must therefore be reliable. What is more, you want to know how far you are progressing towards achieving your goals and what risks may apply.
VAT is an exceptionally thorny issue, especially in major national and international activities. Filing cross-border returns, registering or making payments requires specialised knowledge. It is crucial to keep that knowledge up-to-date in order to respond to the dynamics of national and international legislation and regulation.
Importing/exporting goods to or from the European Union involves navigating complicated customs formalities. Failure to comply with these requirements usually results in delays. In addition, an excessively high rate of taxation or customs valuation for imports can cost you money.
Do your employees determine the success and growth of your organisation? And are you in need of specialists which you can ask your Human Resources (HR) related questions? Human Resources (HR) related questions?
Our HR specialists will assist you in the areas of personnel and payroll administration, labour law and taxation relating to your personnel. We provide you with high-quality personnel and payroll administration, good HR guidance and the right (international) advice as standard. All this, of course, with a focus on the human dimension.
In this rapidly changing world, it is increasingly important to consider environmental impact (in accordance with ESG), instead of limiting considerations to financial incentives. Multinational companies should review and potentially reconsider their tax strategy due to the constantly evolving social standards
Do you seek for opportunities in the global business arena? Whether you are about to open a new office in a foreign country or considering an international acquisition, you need certainty of making the right choices for your company. Global expansion isn’t always as simple as it sounds. The good thing is that we’re here to help!
From the general terms and conditions to the legal strategy, these matters need to be watertight. This provides assurance, and therefore peace of mind and room for growth. We will be pro-active and pragmatic in thinking along with you. We always like to look ahead and go the extra mile.
Small company or large multinational: in any company your people are of the utmost importance for your business. Employment brings with it many issues in many areas and often has legal consequences. For big strategic, but also for more everyday questions about employment law, our lawyers are ready to help you out. Also for questions about international employment law. Do you have your own HR department? We’ll gladly assist them. We deliver bespoke services and are there when you need us.
Besides our focus on corporate and employment law, we also advise entrepreneurs on a range of (specialist) legal issues. A corporate acquisition, your company administration, complex question in the field of healthcare issues: you have come to the right place.
Quality of care. Patient access. Affordability. Ready to tackle today’s industry challenges? Understanding how to move from what now to what next is essential to turn today’s business challenges into tomorrow’s success. Let us help you understand and prepare your organization for the challenges you face on today’s critical topics.
TaxDutch taxes on Multi-level marketing income
Bob van der Steen
|20 Jun 2018
Recently, the Dutch Court of Appeal Den Bosch, issued a judgment on the tax liability for personal income tax and VAT. This judgment is especially important for participants in Multi-level marketing (MLM).
The customer package at Grant Thornton varies from (large) SME customers to (small) corporate customers. From local customers to customers from the international network of Grant Thornton International Ltd. All this diversity in customers can also be recognized in your customer package.
Expatriates taking up employment in the Netherlands will be subject to Dutch comprehensive rules. Grant Thornton’s Global Mobility Services team can help expatriates and their employers in dealing with those rules. In particular, Grant Thornton can assist expatriates and their
employers in identifying Dutch tax planning opportunities and
can assist with their global tax compliance.
COVID-19 and the measures to prevent its spreads have resulted in a situation where most countries have closed their borders. Consequently, cross-border movement hardly occurs and foreign employees are forced to work at home in their home country. Such circumstances may have impact on the tax and social security/immigration position of the employees and might cause additional payroll obligations for the employer.
In a press conference on Tuesday evening March 17, 2020, the Dutch government presented new relief measures in order to support Dutch businesses. The measures are aimed to help businesses to continue to pay their employees and to prevent businesses from getting into liquidity and continuation issues. We will discuss these measures below.
From 1 March 2020 all foreign employers, who are located in the EU and Switzerland, will have to report in advance that their staff will work physically in the Netherlands. The Dutch client of these foreign employers is mandatory obliged to verify if the mandatary notification has been submitted.
Are you a non-resident taxpayer? The Netherlands will, under certain circumstances, take your personal and family situation into account. However, in the past, non-resident taxpayers could only claim deductions if more than 90% of their income came from the Netherlands.
The ‘Labour market in balance’ legislation (Wet arbeidsmarkt in balans, ‘WAB’) is coming. The idea behind this legislation is to lessen the gap between permanent and flexible employees and to stimulate employers to hire employees under a permanent contract. This legislation will come into effect on January 1st, 2020. These are the
most important changes.
Mobility of talent is one of the key elements to succeed in a globalised world. Organisations are aware of this, as they increase the number of their mobile employees every year. Nevertheless, managing talent mobility can be a challenging task for organisations. The traditional expat package includes allowances and benefits that represent a high expense for companies. Also, changes in political climate in many regions affects regulations regarding tax, social security and immigration. These are obstacles affecting talent mobility procedures, which make the process costly and time consuming.
The Dutch government announced plans to introduce transitional measures with respect to the proposed changes to the 30% ruling. In a political twist yesterday, the Dutch government announced that it was cancelling its plans to abolish the dividend tax. As a result these transitional measures can be expected.
On September 18th, 2018, the Dutch government published its tax plan for 2019. As expected, part of the tax measures include proposed legislation to reduce the maximum period of the 30% ruling from 8 to 5 years.