VATupdate

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Request for Reduction of Tax Interest for VAT

  • Tax authorities charge interest on late tax assessments
  • Interest is calculated based on the entire legal period and amount of the assessment
  • If interest has been calculated on a period where payment has already been made, a request can be sent to lower the interest
  • Instructions on how to submit a request to lower interest on VAT and payroll taxes

Source: belastingdienst.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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