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The Netherlands Approves Additional Extension of COVID-19 Measures

26 January 2021

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Approved Changes

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Netherlands

The Dutch Ministry of Finance has announced that the cabinet has approved an additional extension of support and recovery measures for COVID-19. With respect to tax measures in particular, this includes that the period that taxpayers can request a tax deferment, or the extension of deferment, is extended to 1 July 2021. Further, where a deferment has already been granted, the deferment now automatically applies until 1 July 2021. With respect to repayment, the initial payment date is pushed back from 1 July 2021 to 1 October 2021, with deferred payments allowed to be made in up to 36 monthly...