Tax Authorities, special deferment of payment
Any business that has run into difficulties may apply in writing to the Tax Administration for special deferment of payment. The letter must state why you got into trouble because of the virus. You will automatically receive three months postponement of payment. This postponement no longer requires a statement from a third party expert (e.g. an accountant or branch organisation).
As soon as the request for postponement has been received by the Tax Administration, collection will be stopped. You do not have to pay a penalty for not paying VAT or payroll taxes on time.
It is possible that a payment deferral of three months is too short for you. In that case, you can also apply for a longer deferment. The Tax Administration will then ask you for additional information (possibly a statement from a third expert). The Tax Administration will inform you about this.
You can apply for a postponement for income tax, corporation tax, turnover tax (VAT) and payroll tax. This means that you can apply for a postponement after you have filed a tax return and received an request for payment of taxes.
For the time being, you can only apply for a deferment of payment by letter.
Banks give smaller businesses six months’ grace to defer repayments
Smaller companies with financing of up to EUR 2.5 million can be granted a six-month grace period for the repayment of their loans. These are smaller enterprises that are fundamentally healthy.
ABN AMRO, ING, Rabobank, Volksbank and Triodos Bank have decided to do this. Banks can do this because they have built up healthy buffers over the past few years and are being given room to do so by the European Central Bank and the Dutch Central Bank.