Do you have customers whose annual turnover will remain below €20,000 in the coming years? And do they want to participate in the Small Business Scheme (KOR) from 1 January 2024? Then make sure that they have registered with the Tax and Customs Administration before 2 December.
Entrepreneurs who apply the KOR are exempt from VAT and have fewer administrative obligations. For example, they usually do not have to file a VAT return. However, the KOR can also be detrimental.
Source: www.fiscount.nl
