On September 20, 2023, the Secretary of State informed the Dutch Parliament about planned changes in tax and collection interest rates. As part of the spring decision-making, the government has decided to revise the tax and collection interest rate percentages. The initial step involves narrowing the differences between the percentages compared to the current system. The interest rate for “other tax categories” will be established as the ECB interest rate for main refinancing operations plus 3 percentage points, rounded to the nearest half percentage point. A minimum of 4.5% will also apply. Like the previous rate, this interest rate will be determined annually based on the last published ECB interest rate before October 31 of the year and will take effect on January 1 of the following year. This change results in a 0.75 percentage point increase in the interest rate for other tax categories, with an expected rate of 7.5% as of January 1, 2024. The collection interest rate for all tax categories and allowances will be set at 4%.
Source: futd.nl
Latest Posts in "Netherlands"
- Tax Plan 2026: Reduced VAT Rate for Culture, Media, and Sports Retained
- No Reduced VAT Rate for Nightclub Entry Fees with DJ Performances, Court Rules
- Proposed VAT Revision Rules for Renovation Services Starting 2026: Key Changes and Implications
- VAT deduction apartment: business office or home? Ruling on actual use and the principle of equality
- Budget 2026: VAT Rate Reversals, Property Rules & Cross-Border Compliance
