10 Tax Planning Strategies Every Freelancer Should Know by Linda Pavan Dec 13, 2024 As a freelancer, managing your taxes can feel like navigating a complex maze. But fear not! At Xtroverso, we're committed to helping you master your finances. Today, we're sharing 10 essential tax pla... Linda Pavan TAX Read more
Navigating VAT Compliance: Why Sticking to Your Standard Rate is Essential by Linda Pavan Dec 12, 2024 Navigating the complexities of VAT can be challenging, especially when dealing with customers who have specific VAT exemptions or reduced rates. The saying client is king doesn't apply here, when you ... Linda Pavan TAX Read more
Understanding the Impact of the General Tax Credit Reduction in 2025 by Linda Pavan Dec 11, 2024 As we move towards 2025, it's important to know how changes in the general tax credit might affect your taxes. The maximum general tax credit is being reduced from €3,362 in 2024 to €3,027 in 2025 , w... Linda Pavan TAX Read more
Income from Other Activities: What You Need to Know by Linda Pavan Dec 10, 2024 In the Netherlands, there are various types of income. Some fall under business profits, others under wages from employment. But what if your income doesn’t quite fit into either category? For instanc... Linda Pavan TAX Read more
IB47 Form: What It Is and How to Use It Correctly by Linda Pavan Dec 9, 2024 The IB47 form is used to report payments made to third parties who are not regular employees. Think of self-employed professionals providing services, like a graphic designer or a copywriter. The Dutc... Linda Pavan TAX Read more
Healthcare Allowance 2024 and a Look Ahead to 2025: What You Need to Know by Linda Pavan Dec 8, 2024 The healthcare allowance (zorgtoeslag) is a valuable financial support provided by the Dutch government. It helps lower-income individuals cover the costs of their health insurance. In this article, I... Linda Pavan TAX Read more
Retention Periods and Statutes of Limitations for Income Tax: What You Need to Know by Linda Pavan Dec 7, 2024 Whether you're a business owner or an individual taxpayer in the Netherlands, it's important to understand the rules surrounding record retention and statutes of limitations for income tax. These rule... Linda Pavan TAX Read more
The Tax Office Appreciates Corrections: Being Transparent About Your Business Expenses by Linda Pavan Dec 6, 2024 As a business owner in the Netherlands, maintaining a good relationship with the Belastingdienst (Dutch Tax Office) is about more than just paying your taxes on time – it’s about being transparent and... Linda Pavan TAX Read more
Everything You Need to Know About the ICP Declaration by Linda Pavan Dec 5, 2024 The ICP declaration, short for "Intra-Community Transactions," is a report you are required to submit if you deliver goods or services to businesses in other EU countries. The purpose of this declarat... Linda Pavan TAX Read more
Understanding Dutch Transfer Tax (Overdrachtsbelasting) in 2024 and 2025 by Linda Pavan Dec 4, 2024 What is Transfer Tax? Transfer tax, or overdrachtsbelasting , is a one-time tax you pay when purchasing property in the Netherlands. The amount depends on your circumstances, such as whether you’re a ... Linda Pavan TAX Read more
Prevention of Double Taxation: How Does it Work by Linda Pavan Dec 3, 2024 In our interconnected world, many of us live, work, or invest across borders. This modern lifestyle brings great opportunities but also challenges, especially when it comes to taxes. Double taxation i... Linda Pavan TAX Read more
What to Do When You’ve Made a Mistake in Your VAT Declaration by Linda Pavan Dec 2, 2024 Making a mistake on your VAT declaration can feel stressful, but it happens to the best of us. The good news? It’s usually fixable if you act quickly and follow the right steps. Let me guide you throu... Linda Pavan TAX Read more