Finance minister prepared to ditch tax hike on culture and sport
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1 month, 4 weeks ago

Finance minister prepared to ditch tax hike on culture and sport

Dutch News  

Plans to increase value-added tax on theatres, museums, books and sports clubs from 2026 are set to be scrapped because the upper house of parliament had threatened to torpedo them. Opposition parties had told finance minister Eelco Heinen to come up with an alternative plan to raising value-added tax on culture, sports, books and newspapers from 9% to 21%, saying otherwise they may vote against it in the senate. And opposition to the tax hike could threaten the government’s entire tax planning for 2025. The tax hike will remain in the government’s tax plan pending an alternative, with a vote scheduled to coincide with the finance minister’s spring statement.

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History of this topic

Opposition parties warn finance minister on BTW tax hike
1 month, 4 weeks ago

Opposition parties warn finance minister on BTW tax hike

Dutch News  

Opposition parties have told finance minister Eelco Heinen to come up with an alternative plan to raising value-added tax on culture, sports, books and newspapers or they may vote against it in the senate. “This is crucial for us to be able to support the tax plan,” CDA parliamentarian Inge van Dijk said during the debate. If the CDA stands …

No concessions for you and me but expectations remain high
11 months, 1 week ago

No concessions for you and me but expectations remain high

Live Mint  

The finance minister stuck to a 'vote on account' budget despite expectations of a populist budget in an election year. In the interim budget for 2024 presented on Thursday, the FM has proposed no change in tax rates for direct taxes and indirect taxes including import duties. In line with the government’s vision to improve ease of living and ease …

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