Tax exemption for corona measures TVL and TOGS

This information is provided by

Netherlands Enterprise Agency, RVO

Effective date: 1 January 2022

What changes?

Do you own an SME or are you a starting entrepreneur? And did you receive a Reimbursement Fixed Costs (TVL) or a Reimbursement for Entrepreneurs in Affected Sectors (TOGS) to help pay for fixed costs during the corona crisis? This subsidy will not be counted towards your taxable profit. This means it will be exempt from income tax (inkomstenbelasting) or corporate income tax (vennootschapsbelasting).

Funds received from the following subsidies are exempted:

For whom?

  • entrepreneurs who received TVL for SMEs or for starting entrepreneurs, or TOGS

When?

This change in legislation comes into force on 1 January 2022. It will be applied retroactively from 1 January 2021. The TVL and TOGS are applied retroactively from 1 January 2020.

This article is related to:

Questions relating to this article?

Please contact the Netherlands Enterprise Agency, RVO

This information is provided by

Netherlands Enterprise Agency, RVO