Tax debt after special tax payment extension
You have been granted a special tax payment extension due to the corona crisis. For example, for your turnover tax (VAT), income tax, or corporate tax. During the payment extension, you did not have to pay any tax. The taxes that you have not yet paid jointly form your tax debt. You must always repay a tax debt.Payment arrangement: pay off your tax debt in 5 years
You have 60 months (5 years) to pay off your tax debt: from 1 October 2022 to 1 October 2027. You then pay a fixed amount each month to the Tax Administration. Would you like to start repaying portions of your debt earlier? You can. Your tax debt will become smaller, and the monthly amount of your payment arrangement will then become lower. You can also make additional payments during the term of your payment plan.
Calculate your monthly payment
Calculate the repayment schedule (in Dutch) of this payment arrangement in advance, so that you know approximately what you will pay per month.
Your personal payment arrangement
You will have received a letter from the Dutch Tax and Customs Administration in the first half of 2022. This has information about your payment arrangement. The letter states:- a total overview of your tax debt
- the terms of the payment arrangement
- the monthly amount of the payment arrangement
Change payment arrangement
Do you want to start repaying earlier? That is possible. Your tax debt will then become smaller. And the monthly amount (including collection interest) of your payment scheme will be lower as a result. You can also make extra repayments during the term of your payment scheme.
Do you need more than 60 months from 1 October 2022 to pay off the tax debt you have accrued during your special payment extension? Then call the Tax Information Line (0800 – 0543) to discuss your payment arrangement. Do this immediately when you expect problems.
Recovery interest
If you have not paid an assessment on time, you must pay recovery interest (in Dutch). Even if you have been granted the special payment extension. The recovery interest has been reduced (in Dutch) to 0.01% until 31 June 2022. After that, it will gradually return to the old level at 1% increase per year. Until it reaches 4% on 1 January 2024. The interest is included in your monthly payment.
Interest rate for corporate income tax
You pay tax interest for corporate income tax (vennootschapsbelasting) if the Tax and Customs Administration is unable to issue an assessment on time. For example, because you filed your tax return for your business too late or for an incorrect amount. This interest rate was temporarily reduced to 4%, but this has been reinstated at 8%.
No more postponement from 1 April 2022
Pay your new tax obligations on time from 1 April 2022. If you do not, you can receive 1 or more fines.Important dates for your taxes
2022
- 31 March: Last day to request or extend a special deferral of payment from the Tax Administration (in Dutch).
- 1 April: From this date, you must pay the tax bills again according to the normal instalments. You will no longer receive a special extension of payment.
- 1 October: Start paying off your tax debt. You have 60 months to do this.
- 31 October: Pay the 1st instalment of the payment arrangement before this date.
2027
- 1 October: You have paid off your debt according to the payment arrangement.
