Olivier J de Jong

Name: Olivier J de Jong
Address: Caya Ernesto Petronia 64, Oranjestad, 00000, AW
Telephone: +2975847171

Startpagina
Aruba
Oranjestad
Olivier J de Jong

Olivier de Jong has over 25 years of experience as an interim manager and independent consultant.

01/07/2018

Wegens gestage groei van de adviespraktijk zijn we dringend op zoek naar administratieve krachten, neem contact met ons op. [email protected].

17/06/2018

New upcoming tax changes on Aruba - part 3:

Other Important Changes as per July 1st, 2018

· The maximum deduction of interest on a mortgage used as private main residence will be lowered from Afl. 50.000,- to Afl. 40.000,- per fiscal year.

· The second bracket of the Pesonal Income Tax will be lowered

· The AZV-rate for pensioners will be reduced from 10.5% to 6.5% as for the first part of a Afl. 30.000,- pension income. In case the pension income exceeds Afl. 30.000,-, an AZV- rate of 10.5% will apply for the pension income exceeding Afl. 30.000,-

17/06/2018

New upcoming tax changes on Aruba - part 2:

Definition of Entrepreneur is extended

As per July 1st, 2018 the definition of Entrepreneur is extended. Individuals who are renting out their private home to tourists, will have to file their BBO/BAZV/BPPS Tax Levy in case they are not taxable for Tourist Tax Levy. In that case they will be classified as Entrepreneur and subsequently will have to register their selves at the Tax Office. An exemption applies if a private home is rented out long term. An individual will also be classified as Entrepreneur when rent- ing out an office or ware house.

Local Entrepreneur as withholding agent of a foreign Entrepreneur

As per July 1st, 2018 a local entrepreneur will automati- cally qualify as withholding

agent if a foreign contractor is engaged in providing services to a local company. BBO/BAZV/ BPPS will apply.

Exemption (“KOR”).

Entrepreneurs with an expected turnover up to Afl. 12.000,- in the next fiscal year can file a re- quest to be exempted from BBO/ BAZV/BPPS with the Minister of Finance, no later than October 1st in the current fiscal year. Please note that Rental Income is excluded from this exemption. In case an entrepreneur has a turn- over exceeding Afl. 12.000,-, but already received an exemption, BBO/BAZV/BPPS will be charged on the turnover exceeding the Afl. 12.000,-. Please note that in this case the next fiscal year an exemption can not be requested.

17/06/2018

New upcoming tax changes on Aruba - part 1:

BAZV (Health Tax) is increased & BPPS Tax Levy is introduced

One of the most relevant Tax changes for the Business Community will be the increase of the BAZV, also known as the Health Tax. As per July 1st, 2018 the BAZV will be in- creased from 2% to 3%. The BBO, also known as the Turnover Tax will remain unchanged, at 1.5%.

As per July 1st, 2018 a new Tax Levy will come into effect, i.c. the BPPS, which is a Private Public Partnership Tax. The Tax Rate is set at 1.5%.

Basically the total Tax Rate regarding the aforementioned taxes will increase from 3.5% to 6%.

The Tax Office will soon issue new Tax Forms, however, the BBO/BAZV/BPPS tax forms for the month July 2018 have to be filed at the utmost on August 15, 2018. Please note the following:

· Goods and/or services provided before July 1st, 2018 of which payment is received after July 1st, 2018 will be subject to the BAZV-rate of 1.5%

· For payments received before July 1st, 2018 but for which goods and/or services are provided after July 1st, 2018, the BAZV- rate of 1.5% will be applicable.

Adres

Caya Ernesto Petronia 64
Oranjestad
00000

Telefoon

+2975847171

Website

http://www.centime.biz/

Meldingen

Wees de eerste die het weet en laat ons u een e-mail sturen wanneer Olivier J de Jong nieuws en promoties plaatst. Uw e-mailadres wordt niet voor andere doeleinden gebruikt en u kunt zich op elk gewenst moment afmelden.