Minister van Ruij has introduced a bill to bring the Dutch small business tax scheme (kleinondernemingregeling - KOR) in line with EU Directive 2020/285. To apply the simplified taxation rules, the maximum business turnover should not exceed 100 euros per year for all EU countries. Entrepreneurs registered in the Netherlands with a domestic turnover of less than 000 euros per year will be able to apply the rules for small businesses (regardless of the total turnover in the EU).
The EU directive sets a maximum threshold of 100 euros for all countries, but national legislation may lower it. The Netherlands currently has a threshold of 000 euros.
Changes to the legislation should come into force on January 1, 2025. For Dutch entrepreneurs running small businesses, little will change. The full text of the bill can be found here.
Publication Date: 21.03.2023
