At Mazars, we inform you about the recent developments and rules and regulations that can have impact on you or your organisation. Would you like to minimise your risks and maximise your opportunities? We have listed several noteworthy news items that can be of use to you.
Important ruling on A1 declaration
July 21, 2021 - On June 3, 2021, the European Court of Justice issued an important ruling regarding the so-called A1 declaration in the "Team Power Europe EOOD" case. An A1 certificate is proof of the social security position of an employee who works across borders. The Court provided a further explanation of the so-called "substance condition" that is at issue when applying the secondment provision.
Research into the implementation of the key function of internal audit at pension funds
July 15, 2021 - Auditland raised the flag on the implementation of the second European pension directive. From now on, pension funds must also have a key internal audit function as an additional safeguard for controlled and sound management. This article explains the results of the research into how pension funds can be run effectively and efficiently.
European Commission adopts adequacy decisions for personal data transfers to the United Kingdom
July 14, 2021 - The European Commission has issued two adequacy decisions for personal data transfers between the European Union (EU) and the United Kingdom (UK). Is your organization based in the EU and personal data is transferred to organizations in the UK? If so, nothing changes. Despite the fact that the UK is no longer part of the EU, the Brexit will not affect the transfer of personal data.
Alcoholic intermission drinks in theater taxed at 21% VAT
July 7, 2021 - On June 17, 2021, the Zeeland-West Brabant District Court ruled that the operator of a theater owes 21% VAT on the portion of the admission price for a performance that relates to alcoholic beverages consumed by the visitor during the interval. The operator of the theater must therefore keep track of how many alcoholic break drinks he provides during a performance.
De CSRD effent de weg naar een verantwoordelijke en proactieve transitie voor iedereen
2 juli 2021 - Hoewel door sommigen met veel ongeduld tegemoet gezien, maar met behoedzaamheid of zelfs bezorgdheid door anderen, is de Corporate Sustainability Reporting Directive (CSRD) (Richtlijn op het gebied van duurzaamheidsrapportage) die door de Europese Commissie op 21 april is aangenomen door veel belanghebbenden grotendeels positief ontvangen, en terecht.
Update: The coronacrisis and payroll taxes
25 June 2021 – During the coronacrisis, we receive the necessary questions about payroll taxes. That is why we have listed a number of frequently asked questions and the corresponding answers for you. This concerns questions about, for example, working from home, postponing payment of payroll taxes or the salary or salary of the director / major shareholder.
Privacy benchmark for organizations: aware of the dangers and measures against privacy risks
June 22, 2021 - The Netherlands accounts for a quarter of all European data breach notifications. Every year the number of data leaks increases and it is expected that this number will continue to rise in the coming years. Organizations must be aware of their responsibilities to protect personal data and process it correctly. But are organizations performing this correctly according to the guidelines of the AVG? Mazars looked into this, which resulted in a benchmark.
Law for foundations and associations will change on 1 July 2021
June 22, 2021 - After a long parliamentary run-up, the rules in the Civil Code for foundations and associations will change on July 1. In this article we tell you what the possible impact is on your statutes and what new possibilities and regulations this change brings.
Loss relief in corporate income tax as of January 1, 2022
June 18, 2021 - As of January 1, 2022, the new loss relief rules in corporate income tax will take effect. This has been announced by the State Secretary of Finance. The change means that as of 2022, losses can be offset unlimited in time, but the amount of losses within a financial year will be limited. The scheme should prevent profitable multinationals in the Netherlands from pay-ing no corporation tax for years in a row.
Amended proposal for the Law on Transparency of Social Organizations (Wtmo) submitted
June 16, 2021 - Earlier, Minister Dekker for Legal Protection submitted a proposal to the House of Representatives for the Social Organizations Transparency Act (Wtmo). The proposed law is one of the government's measures against unwanted influence through foreign money flows on Dutch political, civil society and religious organizations. It has now been announced that the bill will be radically amended and it is intended that all donations will be covered by the new law. An internet consultation on the amendment will be held until 29 June 2021, to which you can respond.
Practicle subsidy scheme: start application June 2021
23 June 2021 - Are you guiding a pupil or student within your organization? Then you may qualify for the Practical Learning subsidy scheme. With this subsidy, the government encourages employers to offer practical and work-learning places. The maximum subsidy amount is € 2,700 per realized practical or work placement. Even if a student has stopped, you can request a contribution towards the guidance costs.