SERVICES - Boratech Administraties en Belastingzaken

07Jun

Apply for DigiD

7 June 2022By admin0 comment

REQUEST DIGID

With DigiD(pronounced: die-gie-dee) citizens and companies can access electronic services of an increasing number of government institutionswith a login code. DigiD stands for Digital Identity. It is a common system of and for the government. Government institutions can use DigiD to determine the identity of citizens and companies that use their electronic services.

For example, you need a DigiD to apply for, adjust or discontinue healthcare or housing benefit or to request a provisional income tax refund. The application for a provisional refund for the following year must be submitted to the Tax Authorities before November 30th. So: if you do not yet have a DigiD, apply for one as soon as possible!

We would like to remind you once again, if you have not yet done so, to apply for your DigiD.

For more information, visit www.digid.nl

Boratech will guide you on request to request a DigiD as part of the subscription package. There are no additional costs involved.

If you would like more information, you can leave your details in the main menu via CONTACT.

06Jun

Chamber of Commerce registration

6 June 2022By admin0 comment

CHAMBER OF COMMERCE REGISTRATION

The Trade Register Act came into effect on 1 July 2008. All companies and legal entities in the Netherlands are therefore legally obliged to register in the Trade Register of the Chamber of Commerce.

From street cleaner to notary, from partnership to ministry and from church society to association of owners. The Trade Register is the basic registration of companies and legal entities in the Netherlands.

The Chamber of Commerce implements the law on behalf of the Ministry of Economic Affairs.

For more information, visit www.kvk.nl

Boratech will guide you on request to register in the Chamber of Commerce, as part of the subscription package. There are no additional costs involved.

If you would like more information, you can leave your details in the main menu via CONTACT.

06Jun

Trade name research

6 June 2022By admin0 comment

TRADE NAME RESEARCH

When you start a new business, you need to come up with a trade name (company name). This name must meet the requirements of the Trade Names Act. In short, you need to choose a name that is unique in the industry and region in which you operate. You provide the trade name to the Tax Authorities (BD) and the Chamber of Commerce (KvK) when you register. Boratech can conduct a nationwide trade name research at your request. This research not only looks at names that are written the same, but also at trade names that sound the same.

With a catchy company name, your company is immediately on the map. A name like that sticks and attracts customers. That is why it is important to come up with a good company name. Your name must also comply with a number of rules.

Boratech will be able to perform a trade name search for you at your request, as part of the subscription package. There are no additional costs involved.

If you would like more information, you can leave your details in the main menu via CONTACT.

06Jun

Deposit financial statements online

6 June 2022By admin0 comment

FINANCIAL STATEMENTS ONLINE DEPOSIT

If your company is a small legal entity, you can fileyour annual accounts online with the Chamber of Commerce. Our financial software is suitable for SBR, a standard method for creating and sending reports.

In collaboration with, among others, the Chamber of Commerce, the special internet service Deposit OnLine Webservice has been developed for digital online deposits.

Deposit OnLine Webservice connects directly to the web service of the Chamber of Commerce. This web service makes it possible to file annual reports electronically.

Deposit OnLine Webservice is an online transaction and approval system with which the annual reports are sent directly to the Chamber of Commerce within a secure online environment, where the annual reports are entered directly into the Chamber of Commerce system.

Boratech will be able to make the deposit at your request, as part of the subscription package. There are no additional costs involved.

If you would like more information, you can leave your details in the main menu via CONTACT.

06Jun

Keep a Proper Administration

6 June 2022By admin0 comment

MAINTAIN A PROPER ADMINISTRATION

It is important for the tax authorities to know whether you obtain sufficient resources from your company to be able to provide for yourself. If you withdraw too little, the tax authorities could conclude that black money is circulating. To avoid this confusion, it is advisable to make a clear separation between business and private funds. The easiest way is to periodically withdraw a fixed amount for living expenses from your business by transferring to a private checking account. In addition, you must keep proper administration of the business cash. This means that you keep a cash book that you close regularly, for example per month. The monthly closing must show that the cash is not negative, or that you have not taken out more money from the business cash than is actually in it.

During a tax audit, the tax authorities look at all your administrative books. If these are not correct, the tax authorities can reject your administration. The tax authorities can then make an estimate of your taxable profit in a particular year. In addition, it is a criminal offense if you do not comply with the administration and retention obligations.

Another reason for good administration is of course the possibility to follow the developments of your results.

Boratech will be able to guide you through the construction and maintenance of a thorough business administration, as part of the subscription package. There are no additional costs involved.

If you would like more information, you can leave your details in the main menu via CONTACT.

06Jun

Income tax return

6 June 2022By admin0 comment

Income tax return

Taking care of your income tax return at our office works as follows:

When you have collected all the necessary data, you can bring it to us. If this is not possible for you, we can of course also collect it from your home.

Your data will then be processed at our office. After processing, you will receive a letter from us with a calculation of the tax amounts due or to be received, as well as a printout of the (profit) return to be submitted and authorized.

When you agree with the declaration to be submitted, return the signed authorization to us. We then ensure that the return is sent electronically to the tax authorities.

When you receive the assessment from the Tax Authorities, we will ask you for a copy of this assessment for checking. We use a fixed price for the Income Tax return for customers without a subscription.

If you would like more information, you can leave your details in the main menu via CONTACT. We will then contact you as soon as possible.

06Jun

Turnover Tax Declaration

6 June 2022By admin0 comment

TURNOVER TAX DECLARATION

VAT (sales tax)

Sales tax is an indirect tax imposed by a government on the sale of products or services. Are you an entrepreneur, independently practicing a business or profession? Then you usually pay VAT (sales tax) on your sales. The legal form (e.g., bv or nv) is not important for paying VAT. A foundation or association also pays VAT if the tax authorities consider it a business. You do not pay VAT if you only perform exempt work or use the small business scheme (KOR).

When are you an entrepreneur for VAT purposes?

The tax authorities do not automatically consider you to be an entrepreneur for VAT purposes. The conditions for VAT are different than for income tax. Thus, you may be an entrepreneur for VAT purposes, but not for income tax purposes. Are you an entrepreneur for VAT purposes? Then you will get a sales tax number and a VAT identification number (VAT ID). You are required to put your VAT identification number on your invoices. You should also keep a record of all invoices sent and received.

VAT declaration

You have been required to file your VAT return digitally since 2012. Did you declare too much or too little VAT this year or over the past 5 years? Then you must correct your VAT return.
You can choose to send in your tax return via the Tax Administration’s website or with special tax return software. On the site of the tax authorities you can read how to fill in and send in your VAT declaration. It is possible, under certain conditions, to offset a VAT refund against a payroll tax return.

When do I need to file VAT returns?

The rules for filing a tax return are set by the Tax Administration:
If you file a quarterly or monthly return, you must file your return no later than the last day of the next month following the filing period
Do you file a tax return per year? Then file your tax return before April 1 of the next year.

It is important to file a tax return on time. If you do this too late, you will receive an additional assessment and may have to pay a fine to the tax authorities.

VAT when outsourcing work (reverse charge)

Are you outsourcing work to another entrepreneur? If so, it must pay the VAT for this to the tax authorities. In some cases, a reverse charge mechanism applies. The VAT will then be “shifted” to you. That means you have to declare and pay the VAT yourself. The entrepreneur indicates this on the invoice.

No VAT with the small entrepreneurs scheme (KOR)

Does your business have a turnover of up to €20,000 per year? If so, you may be able to take advantage of the small business rule (KOR). If you use the KOR, you do not charge VAT to your customers. In addition, you no longer file a VAT return, with a few exceptions. Participating in the KOR also means that you cannot deduct VAT on business expenses and investments.

VAT on goods and services to foreign countries

Do you supply goods or services abroad that are not exempt from VAT? Then different rules apply, depending on the country where your customer is located and your turnover. You calculate the Dutch or foreign VAT. And you must file VAT returns in the Netherlands or abroad. Use the Goods Abroad and Services in and out of the country tools to determine what you need to do for VAT.

Paying or reclaiming VAT

After you have completed the return, you will see in your return the amount of VAT you have to pay or that you will get back. You will not receive an assessment, but you must transfer the VAT amount to tax authorities yourself. With us you get a clear overview sent by mail which shows in the easiest way where, how and how much to pay. It’s a piece of cake.

Not clear enough?

If you do have any questions or concerns, or would like to know more, click here to book an appointment with us. If you would like to get in touch, or if you would like to file your sales tax return with us, we are of course ready to assist you.

https://www.belastingdienst.nl/wps/wcm/connect/bldcontentnl/belastingdienst/zakelijk/btw/btw_aangifte_doen_en_betalen/

03Oct

Request Business Payment Account

3 October 2017By admin0 comment

REQUEST BUSINESS PAYMENT ACCOUNT

As an entrepreneur you can choose to take a business bank account. It is more expensive than a private account, but you get more options in return.

But is having a business bank account mandatory?

No, it is not required to open a business bank account. The law does not prescribe it and you are not obliged to do so by the tax authorities. However, having a business bank account can be very useful in some cases.

Boratech will be able to guide you through the application for a business checking account, as part of the subscription package. There are no additional costs involved.

If you would like more information, you can leave your details in the main menu via CONTACT.

REQUEST DIGID

CHAMBER OF COMMERCE REGISTRATION

TRADE NAME RESEARCH

FINANCIAL STATEMENTS ONLINE DEPOSIT

MAINTAIN A PROPER ADMINISTRATION

Income tax return

TURNOVER TAX DECLARATION

REQUEST BUSINESS PAYMENT ACCOUNT

ARE YOU CONVINCED. REGISTER WITHOUT COMMITMENT.