About property tax groups

In the Netherlands, the depreciation of buildings is limited by a percentage of the fiscal value (the term in Netherlands is 'WOZ-waarde'). The building may not be depreciated (fiscal) more than 50% of the 'WOZ-waarde' when the building is used by the company and 100% of the 'WOZ-waarde' when the building is rented out. The 'WOZ-waarde' is set yearly for each property tax group.

In Visma Net you can define this property tax in different property tax groups and connect them to the fixed assets. For more information, see: Fixed assets (FA303000) and Property tax group (FA209000)

Using the inquiry for property tax you will get the information and calculation for all property tax groups. For more information, see: Property tax (FA406000)