On Oct. 25, NLD Tax issued overview of changes from Jan. 1, 2025.
NLD Tax issued overview of most important changes to VAT from Jan. 1, 2025.
Follows NLD Tax Sep. 2024 issued changes to KOR, introduction of EU-KOR, #225015.
Also NLD GVT May 2024 updated on bill re antiques, virtual services, see #173662.
Changes to VAT Rules
Agricultural goods: from Jan. 1, 2025, the VAT rate for the supply of certain agricultural goods, including animal feed, seeds, will increase from 9% to 21% VAT.
Place of service for virtual services: from Jan. 1, 2025, providers of virtual cultural, artistic, sporting, scientific, educational or entertainment services taxed in country where customer lives / is established - VAT rules of that country apply.
Amendment to supplementary margin scheme: resellers (traders) who have purchased antiques, art or collector's items at a reduced rate, imported them or acquired them intra-Community can no longer apply margin scheme when selling these goods.
VAT on service costs: in relation landlord charges for service costs in certain cases.
Changes to the small business scheme (KOR): EU-KOR will be introduced.
With the EU-KOR, a VAT exemption can be obtained for small businesses for 1 or more EU countries where business is undertaken from Jan. 1, 2025.
