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VAT; Budget

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Expansion of Approval for VAT, BPM, and Leasing to Benefit Lessees and Entrepreneurs

  • Approval for VAT, BPM, and leasing has been expanded
  • Aim is to align with practicality, especially for lessees without full VAT deduction rights
  • BPM included in lease payments can lead to owed VAT if not fully deductible
  • Leasing company can be approved not to charge VAT on BPM component under certain conditions
  • Lease contracts for entrepreneurs’ bestelauto’s may fall under approval from January 1, 2025

Source: vanoers.nl

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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