Already an account? Log in

    Try Tax Rendement

    With 13 published issues in a calendar year Tax Rendement offers the most up to date answers to your professional questions with news, themes and articles.

    Subscribe to Tax Rendement for the next three months for only € 3, excluding VAT (normal price is € 99 per year). This offer applies to a business trial subscription, valid until cancellation.

    Fill out the form below and subscribe

    Are you interested in similar English publications? Rendement also offers (for HR professionals), (about Dutch payroll regulations) and (about Dutch financial SME-news). Try these publications for three months each for € 3, excluding VAT. Normal price is €99 per year.

    Promo code (when available)

    We ask you to agree to our General Terms and Conditions and read our Privacy Policy.

    When clicking on subscribe, you automatically give permission to receive the newsletter and offers, with which we inform you about relevant products and services of Rendement Uitgeverij BV. If you do not want this, please contact us via You can also withdraw the consent at any time by clicking on the unsubscribe link at the bottom of each email.

    Easing of the KOR implemented

    Entrepreneurs who are liable to pay VAT and whose annual turnover is no more than € 1,800 can apply the small business VAT exemption scheme (KOR) without having to notify the Belastingdienst (Dutch Revenue Service). This was recently approved by a ministerial decree. This decree has retroactive effect to January 1, 2020.

    Entrepreneurs liable to pay VAT with an annual turnover of less than € 20,000 can apply the KOR, but will have to register with the Belastingdienst for the purpose. The entrepreneur then does not owe VAT on his supplies and services. Nor does he have to file a VAT return. On the other hand, he is no longer entitled to deduction of VAT. If an entrepreneur opts for the KOR, he will be bound by it for at least three years.

    No longer bound by KOR for three years

    The decree of the Ministry of Finance provides that entrepreneurs liable to pay VAT, who have an annual turnover of no more than € 1,800 and want to apply the KOR no longer have to notify the Belastingdienst. They are now no longer bound by the minimum application term of three years for the KOR or by a notice of termination of the scheme. This decree has retroactive effect to January 1, 2020, the date when the current KOR came into force. This prevents entrepreneurs who remain below the notification threshold but failed to report this, from having to do so at a later date.

    Share this article on: