Klinkende Munt February 2024 – Shareholder agreement, box 3 home rental value, customary salary Director Grand Shareholder

This time featuring, among other things, the importance of a shareholder agreement, box 3 home rental value, customary salary Director Grand Shareholder, but first we have some great news about Larissa.

Larissa is (almost) an accountant
Larissa passed her final exam in early February graduating as an accountant! After a period of 3 years of practical training, she has grown to become a ‘starting professional’. Now the registration in the register remains to be done: VOG and notification in the Government Gazette and then after the expiry of the objection period, she will be registered. From then on, she will be an AA and allowed to sign audit reports.

Larissa has been with us since her HBO internship and has progressed from starter to accountant. You can understand that we are very happy and proud! We look forward to having her with us in her role as accountant for a long time to come.

Shareholders agreement
Are all your working arrangements with your business partner still in order? A shareholders’ agreement can help you arrange everything neatly. You can record not only the day-to-day business, but also important events such as the sale of shares or arrangements if one of the shareholders no longer wants to, can’t or isn’t allowed to.

When it comes to selling shares, it is smart to include a drag along/tag along provision. Drag along gives majority shareholders the right to force minority shareholders to co-sell their shares in an external sale. While tag along gives minority shareholders the right to sell their shares on the same terms as the majority shareholder. Both provisions provide protection and ensure equal treatment in sale transactions.

Especially when all is going well between you, it is wise to get all this right. You can then talk openly about the possible scenarios. We can help you with that!

Box 3 rental property value
If you rent out a property for a relatively modest rental amount, it is important to be extra vigilant this year. In 2024, the Inland Revenue assumes you earn a 6.04% return on your assets. Actual rental income is not taken into account in this tax calculation!

This notional return is taxed at a rate of 36%. In arithmetic, this means a tax rate of 2% on the value of your assets.

Is the annual rental income from the property less than 2% of the WOZ value of the property? If so, you will pay more tax than your rental income generates. This can be an important consideration when renting out a property.

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