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What will be the Alternative to the Deferred VAT Increase?

The government is still looking for an alternative that should cover the VAT loss of € 1.2 billion. Recently, an increase in the general VAT rate from 21% to 21.4% was proposed.

There was a negative response from both the business community and the House. A proposal to abolish the low VAT rate for certain categories does not have to count on much support either.

Source: www.fiscount.nl

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