The Netherlands has dozens of new rules, regulations, and laws coming into force on January 1, 2020. Of over four dozen major tax changes rolling out in January, we are putting the spotlight on ten changes that could have a real impact on the wallets and bank accounts of people living and working in the Netherlands.
Sick leave payment by small business employers is due to be reduced from the current two-year period down to only a year reports wage benefit agency UWV. Hans Biesheuvel from employers' association Ondernemend Nederland says that this is a step in the right direction, as wages during illness is one of the largest barriers to economic growth in the Netherlands, reported RTL Z.
Stimulation and growth are the key to the European Central Banks (ECB) plan for economic recovery as it launches its small and midsize business lending scheme. The ECB will begin buying up bad loans directly from banks in an effort to encourage banks to provide capital to growing businesses.