Executive summary
On 5 October 2020, the Dutch Government published further details on the legislative proposal to introduce a so-called job-related investment tax credit (BIK). The BIK allows companies that make qualifying investments in business assets to take a tax credit against their payroll taxes.
The cash flow benefit and cash tax benefit for employers is to support businesses following the economic implications of the COVID-19 outbreak. The Dutch Government will increase the budget for thi…