Corona crisis: tax payment extension and repayments

This information is provided by

Tax and Customs Administration, Belastingdienst

To keep your business up and running, it may help if you can get a payment extension from your financer, or a longer period for paying your taxes. The Dutch Tax and Customs Administration, other government organisations and financing organisations such as banks and ROMs have measures in place to help you.

Tax payment extension at the Dutch Tax and Customs Administration

If you applied for, and were granted, a special tax payment extension to the Tax and Customs Administration before 1 October 2020, you can apply for an extra payment extension until 31 December 2020. You can no longer apply for the special tax payment extension if you had not already done so before 1 October.

Request a tax payment extension for more than €20,000

If you want to request the extra postponement for a total tax debt of over €20,000, you must send a letter to the Dutch Tax and Customs Administration. In the letter, you provide information about the impact of the corona crisis on your company and enclose a statement from a third-party expert. A third-party expert is someone from outside your organisation who declares that you have payment problems of due to the corona crisis. Your tax advisor or accountant are examples of third-party experts.

Paying your taxes in instalments

Businesses will have 36 months in which to pay the taxes they were granted the extension for, starting (at the latest) on 1 July 2021. On the Tax and Customs Administration website, you will find more information (in Dutch) on the special payment extension.

Request an extra payment extension

Read how to request the extra extension on Belastingdienst.nl (in Dutch).

Decrease provisional assessment

If you pay a monthly provisional assessment for income or corporate tax, you can lower it if you expect less income in the near future. Are your earnings increasing again? Make sure that you change your provisional assessment. This prevents you from having to pay additional costs with your final assessment.

Decrease provisional assessment

Read on Belastingdienst.nl how you can change your provisional assessment (in Dutch).

Unblocking the g-account for payroll taxes and VAT

Companies that post, lend or second employees and use g-accounts, can ask the Dutch Tax and Customs Administration to have these accounts unlocked. Due to the corona crisis, the Dutch Tax and Customs Administration can also temporarily release amounts that are reserved for (additional) assessments of payroll taxes or VAT.

Unblocking the g-account

Read on Belastingdienst.nl how to unblock the g-account (in Dutch).

Deferral of other taxes

Municipal taxes and water board taxes

You can request postponement for the regional water authority taxes at most water authorities. There are also several extensions for municipal taxes if you are experiencing financial problems due to the coronavirus. Examples are tourist tax, waste tax and sewerage charge. Ask your municipality about the conditions.

Request postponement

You apply for deferment of payment from your regional water authorities.

Energy tax and ODE

Participating energy suppliers can delay your monthly energy tax (EB), sustainable energy surcharge (ODE) and VAT payments. This is only possible if you receive a monthly final invoice from your energy supplier on which the actual consumption of the electricity and /or gas is stated. You will be granted a postponement for the months of April, May and June. The deferred tax will be charged in October 2020.

Request a postponement

Your energy supplier can grant this extension. Keep an eye on your supplier's communication. Read more about the postponement of Energy Tax and ODE.

Postpone your payments

Banks

Do you have a business loan from the bank? Several banks grant their customers postponement of 6 months on loans of up to €2.5 million.

Request a postponement

Ask your bank what the arrangements and options are.

Mortgage repayments

  • Your bank can grant you a mortgage payment break of 6 months, which will unburden you both in interest and repayments. Normally, you would have to catch up the repayments before 31 December 2021. Given the exceptional circumstances, it will be made possible for you to spread the eventual repayments over alonger period (for instance, over the entire mortgage period, or over a period of a few years). Discuss your options with your bank.

Microcredit

Qredits provides microcredits to small businesses and self-employed professionals. Entrepreneurs who have a loan will receive a 6 month repayment extension for their loan. Qredits also reduces interest to 2% over this period.

Request a postponement

Contact Qredits to apply for postponement.

Proof-of-concept funding (VFF) and Innovation credit

Do you use proof-of-concept funding or an Innovation Credit? If you have financial problems as a result of the corona crisis, you can receive postponement of repayment and interest for the period from 1 April to 1 October. The interest for VVF is temporarily discontinued for this period.

Request a postponement

You will receive a letter from the Netherlands Enterprise Agency (RVO) explaining how to apply for postponement.

Sector organisations

Are you a member of a sector organisation? Several sector organisations have prepared templates for requests for extensions of payment for rent, loans and other financial obligations. Or they offer advice and help to businesses that encounter difficulties when asking for payment extensions. Contact your sector organisations to find out how they can help you.

Call the Tax Information Line

Since the information on the tax options offered to entrepreneurs during the coronavirus crisis is mostly only available in Dutch, it would be wise to consult the Tax Information Line if Dutch isn't your primary language. The number for resident entrepreneurs is +31 (0)800 0543; non-residents can call +31(0)55 538 53 85.

It is also a good idea to ask someone - your accountant, for instance - to help you.

Questions relating to this article?

Please contact the Tax and Customs Administration, Belastingdienst

This information is provided by

Tax and Customs Administration, Belastingdienst