Tax relief for Businesses with revenue less than €20.000

Small entrepreneurs and organizations can opt for exemption from VATFrom January 1, 2020, entrepreneurs and organizations with a turnover up to and including € 20,000 can make use of the renewed small business scheme “kleineondernemersregeling” (KOR). With this they are exempt from VAT and they no longer have to submit a VAT return. Entrepreneurs and … Continue reading Tax relief for Businesses with revenue less than €20.000