- The Deputy Minister of Finance has updated the decree regarding VAT and the application of the KOR (small business scheme) to solar panels, effective from 1 January 2025, allowing Dutch entrepreneurs to apply the KOR across the EU as long as their total turnover remains below €100,000.
- For entrepreneurs in the Netherlands, including private solar panel owners, the KOR will continue to apply for annual turnover below €20,000, with existing rules for determining turnover and thresholds remaining unchanged.
- Key changes for private solar panel holders include the removal of the minimum three-year application period for the KOR, allowing for termination at any time with notice, and a reduced exclusion period after exceeding the threshold, which will now end at the close of the following calendar year. The updated decree will repeal previous decrees upon its enactment.
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