On 7 July 2017, the State Secretary for Finance submitted to the lower house of parliament a draft bill to amend the VAT treatment of vouchers.
The tax authorities would like the bill to be implemented into the VAT legislation with effect from 1 January 2019.
The proposed changes aim to eliminate some confusion about VAT on supplies and services using vouchers (e.g. stamps, vouchers and gift certificates).
The new rules relate to the definition and types of vouchers and provide more detail on whether and when VAT should be levied on transactions that involve vouchers.
The Dutch bill does not differ to much from the EU Voucher Directive which will have effect from the same date across the whole of the EU. Businesses in both the Netherlands and all the EU Member States are therefore encouraged to review their current VAT arrangements in respect of vouchers to determine if any changes will have to be paid and ensure that they are ready for the introduction of the new rules