What we do

Tax Control Frameworktax Control Framework
We are specialized in setting up and monitoring a Tax Control Framework of (in)direct tax approved by local tax office.

TCF Advisory’s Tax Control Framework services include:

Scan of hard (ERP systems) & soft controls (protocol) with due consideration of current legislation;

• Advise on how to implement and further improve a Tax Control Framework;
• Setting up hard & soft controls;
• Assistance and representation of companies toward tax authorities and other national authorities including courts;
• Interim Management;
• Training.

VAT Compliance
We are specialized in worldwide (in)direct tax and VAT compliance in all member states of the European Union, plus Norway, Switzerland and Turkey.

TCF Advisory’s VAT compliance services include:

• General fiscal representation in the Netherlands;
• One-stop-shop registration as taxable person in one or more of the member states in the European Union, Norway, Switzerland and Turkey;
• Preparing and filing VAT returns and other indirect tax related returns as European Sales Listings and Intrastat;
• VAT refund services based on 2009/9/EC directive & 13th directive (Pbg 1986, L326 & 86/560/EEC) and other international legislation;
• ERP VAT scans and solutions;
• Interim Management;
• Training.

Customs
We are specialized in setting up and monitoring a customs infrastructure.

TCF Advisory’s customs services include:

• Classification, customs value, source and customs regulations;
• Appeal and objections (for example in case of “controle na invoer” (CNI) & “controle na uitvoer” (CNU);
• Guidance in Authorised Economic Operator (AEO) certificate and monitoring;
• Set up and maintain a framework approved by local customs.
• Interim Management;
• Training.

Supply chain management
We are specialized in setting up a new supply chain or advise about the current performance.

TCF Advisory’s supply chain management services include:

• Mapping new supply chain strategies based on opportunities (customer demand, M&A, partner relations), performance, capabilities (return on net assets, working capital and costs, system implementations) planning and future requirements (people, process development, risk management and technology);
• Advise on global category strategic sourcing and procurement (contract risks, partner relations, M&A);
• Advise about logistics & distribution network strategy, outsourcing third party logistics;
• Interim Management;
• Training.

Transfer pricing
We are specialized in advised in setting up a new transfer pricing method and evaluate the current method of your organization.

TCF Advisory’s transfer pricing service include:

• Advise and substantiate in current transfer pricing method;ϖ Advise about how to implement a new transfer pricing method within your organization;
• Advise about how to the change the transfer pricing method in case of changing business model (mergers, impact new legislation and interpretation);
• Assistance & representation toward tax authorities allocation of profit & loss;
• Interim Management;
• Training.

WKR
Per 1st of January 2015 employee benefit taxation, called “Werkkostenregeling” (WKR) has come into effect.
The WKR grants employees a tax-free budget o 1.2% of the annual total taxable wage. Benefits remain tax-free within the budget. If the total allowance exceeds the tax-free budget of 1.2%, the subject will be subjected to payroll tax of 80% due by the employer.

TCF Advisory’s WKR service include:

• Map general necessity requirements for any facility;
• How to apply the specific exemption in case of company branded products (employee discounts);
• Working together with finance-, tax- and HR departments within the company;
• How to monitor with soft and hard controls the tax-free budget and exceeding of as per year-end employers need to determine whether the budget has been exceeded;
• In case the company owns at least 95% of the shares in its direct and indirect subsidiaries, will a group facility need to be introduced for groups of companies to result in a ‘consolidated’ tax-free budget for all withholding agents in the group?
• Interim Management;
• Training.

Payroll & HR
We have an automated online payroll environment leaving our customers the choice to choose between Full Service Package & Self Service Package but also offering customized services upon request.

TCF Advisory’s services include:

• Full Service Package: We will execute all payroll activities from the beginning to the end and take care of all changes if it comes to your staff;
• Self Service Package: We will set up the system so after our training you are able to take care of all changes if it comes to your staff;
• No worries about system management, updates and backups;
• Automated communication with third parties via secured networks;
• User friendly system without unnecessary functionalities;
• Easy access to pro forma pay slips;
• 24/7 online access;
• One pro-active contact person who always is having in mind the most efficient (customized) solution;
• Interim Management, Payroll & HR staff;
• Training.

Consultancy
There might be a special case you would like to have advise and/or a second opinion. We don’t write long memos if it is not necessary. Don’t hesitate to state your case and we will give you a quote in advance.