- Entrepreneurs in the Netherlands are concerned about a possible increase in the VAT rate to 21.4 percent
- Sectors such as hospitality, retail, and tourism would be particularly affected
- The increase in VAT would impact prices of daily products like food, clothing, and gasoline
- Sectors still recovering from difficult times would be most affected by the VAT increase
- The border region and gas stations are also worried about the potential VAT increase
- Entrepreneurs feel that the government is not taking them seriously with the VAT increase
- The government is urged to find alternative ways to achieve budget goals without burdening entrepreneurs further
Source: accountancyvanmorgen.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.
