Tax Department CN to visit companies to check payroll | THE DAILY HERALD

Windwardside, Saba

SABA/ST. EUSTATIUS–The Caribbean Netherlands Tax Department will start to visit companies in Bonaire, St. Eustatius and Saba as of November 24 to verify whether the data registered for payroll tax (“loonheffing”) correspond with the persons ostensibly employed in the company.

  The employees present during the tax officials’ visit will be asked to identify themselves. In this way it can be checked whether these employees are registered by their employer for payroll tax.

  The Tax Department said the dates and times of the company visits will not be announced.

  The Caribbean Netherlands Tax Department emphasises that many companies are following the rules, but there are also entrepreneurs who fail to meet their obligations.

  “This has a negative effect on society. In addition, it will also disadvantage those who do fulfil their obligations; think of unfair competition. This is not only bad for the specific business sector, but for the entire community as well,” the tax office said in a press release on Monday.

Source: The Daily Herald