Netherlands: Consultation on updated draft bill VAT adjustment on services to immovable property
New rules proposed to be effective January 1, 2026
The Ministry of Finance on September 6, 2024, published an updated draft bill for consultation on the adjustment of value added tax (VAT) on services to immovable property such as buildings (e.g., renovations, repairs, and (major) maintenance) that exceed €30,000. The new rules are proposed to be effective January 1, 2026.
There are several changes compared to the previous consultation launched last spring and further clarification is expected to follow on Budget Day as part of the 2025 Tax Plan.
Read a September 2024 report prepared by the KPMG member firm in the Netherlands